Thunderbird Professor Identifies 13 Family Business Pitfalls
New edition of “Family Business” illustrates how to achieve sustained growth and continuity through generationsThe newest edition of Family Business by Thunderbird School of Global Management Professor Ernesto Poza and Mary S. Daugherty points to 13 governance pitfalls that can derail family businesses before the baton passes to the second or third generation. Successful organizations must develop strategies to navigate the following challenges: