Strategic planning, preparation, and communication are key components to having a sustainable and successful multigenerational family-owned business. We will talk about all these components with Ann Dugan in this episode. Ann is a 4th-generation member of a large building and supply business in the Southeast of Georgia who also serves as consultant and advisor for other family-owned businesses. She founded the Institute for Entrepreneurial Excellence at the University of Pittsburgh. .
Main Takeaways:
Strategic planning, preparation, and communication can drive family-owned businesses to success
Great communicators are great listeners
Governance systems and employment policies can remove emotional attachments and lead to impartial and objective assessments of family members
See full show notes by clicking “Episode Website” below.
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