How to Build Upon the Legacy of Your Family Business — and Make It Your Own

Image credit: Sean Murphy / Getty Images. Article by John Seaman, Arielle Gorin, and Fabian Bernhard. Harvard Business Review – June 9, 2023.

Summary.  Family companies often have a strong sense of history and tradition. Although these legacies can create advantages, they sometimes leave next-generation leaders feeling handcuffed or constrained by the way their ancestors ran things. To overcome that, they should seek to reformulate the company’s story in a way that creates advantages for the present. […]

Click here to view original web page at hbr.org