Family firms, like all modern businesses, must depend on growing levels of innovation in order to survive in an increasingly competitive global marketplace. This week, Diogo Cotta and Niklas Rossbach from Maastricht University discuss some alarming trends concerning innovation in family businesses and introduce a research project they’re conducting to
Usually the most prized thing that we as established practitioners lose is our creativity.
Once a niche is carved and sustained over decades of hard work, inevitably, at some point in time, complacency sets in.
Thanks to Sally Derstine, senior family business advisor with the Delaware Valley Family Business Center, for the following blog on “Transforming to a Family of Adults: A foundation for healthy generational transitions”.