Say what you like about Sumner Redstone — the man loves his work. Ninety-three years old, bed-ridden, battling lawsuits seeking to have him examined to determine his competency, several billion…
The Arizona State University College of Liberal Arts and Sciences (CLAS) recently selected James Olan Hutcheson as a 2015 CLAS Leader to participate in a series of events on campus…
Development and Promotion Few sizable family businesses can be adequately run without reliance on non-family professionals. Outsiders bring fresh ideas and specialized expertise, so make it plain to family employees…
Conditions for Hiring and Firing Don’t let family members get the idea that they can sit back and be recruited for cushy jobs. Family members should submit to the same…
Purpose of the Employment Policy The purpose of a family employment policy is to set out the procedures, process, and criteria that will govern how members of the family enter…
Given the fascination – and headlines – devoted to family shenanigans at companies like Adelphia, Imclone, and Martha Stewart Inc., it is no wonder that myths of family business continue…
Over the years I have received several e-mails questioning the merits of working outside the family business when a job is waiting for them inside it. Here is one such…
After a lot of soul searching and eighteen years in our family’s manufacturing business, I decided it was time to consider moving on to a new career. My family supported…
“I’ve never been so excited about school. I look forward to every class session. I’m even doing the optional reading.” Those seldom-heard words encourage any teacher, including me. But this…