professionalization (1)

Every firm will eventually reach the point when it has to professionalize the way it operates. This is done by instituting more rigorous pic-1-Professionalizing-the-FAmily-Business-300x217.jpg?profile=RESIZE_710xprocesses, establishing clear governance, and recruiting skills from outside. Family Business is no different.

In the Family Business Survey, 43% of the companies believe that the need to professionalize the business is a key priority over the next 5 years. But the family firm has another dimension which other companies have to tackle: the family itself.

The issu

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