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Leadership in Action: Part of the Plan: A Holistic Approach to Leading in a Family Business by Greg McCann

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Part of the Plan A Holistic Approach to Leading in a Family Business

by Greg McCann

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Family businesses face unique problems that threaten their chances of not only success but also survival. Considering family businesses' contributions to the economy and culture, their sustainability should be a concern to everyone, including policymakers. Here are some steps that family business leaders can take to keep their companies healthy.

Family-owned and family-operated businesses in the United States make up 90 percent of all businesses, employ half of the workforce, and create almost 80 percent of new jobs. Family businesses also bring some favorable ...

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