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Sharing Wisdom, Building ValuesSiblings

Sharing Wisdom, Building Values: Siblings [Founders of businesses often entrust the business to their children, hoping that the children will work as a team. It is com-mon, in fact, for founders to distribute ownership equally among the siblings, but appoint one as the next leader. Think of this system as “first among equals.” This form of succession works well when one of the siblings is a trusted and respected leader (Qian Hu), or when the siblings grew up as a true team and share deep love and a sense of togetherness (Strauss), but it is not always easy.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Sharing Wisdom, Building ValuesSiblings

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Publisher
Palgrave Macmillan US
Copyright
© Palgrave Macmillan, a division of Nature America Inc. 2011
ISBN
978-1-349-58468-0
Pages
19 –34
DOI
10.1057/9780230116207_2
Publisher site
See Chapter on Publisher Site

Abstract

[Founders of businesses often entrust the business to their children, hoping that the children will work as a team. It is com-mon, in fact, for founders to distribute ownership equally among the siblings, but appoint one as the next leader. Think of this system as “first among equals.” This form of succession works well when one of the siblings is a trusted and respected leader (Qian Hu), or when the siblings grew up as a true team and share deep love and a sense of togetherness (Strauss), but it is not always easy.]

Published: Feb 17, 2016

Keywords: Family Business; Ornamental Fish; Naval Academy; Dairy Dessert; Wholesale Distribution

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