Author: Sherman Titens

Management

Family Ties Online: Succession, the Critical Decision

Succession is one of the most perplexing problems that the owners of a family business must face. “Don’t worry, someday the business will be yours” is not an unusual way that some handle the issue. But consideration must be given to whether there is a capable successor available or, if available, is the potential successor interested in taking that role? Or should the business be sold to employees, to a…

Expansion, Growth Strategy

Family Ties Online: Expanding Your Family Business Library

In an earlier column, a thorough review of the founding family of the New York Times was presented. We follow now with four short descriptions of excellent building blocks for your family business library. Three of the books have withstood the years and remain timely today, and the fourth was published just a few years ago. They each belong on your bookshelf. The reviews were prepared by Renee Montoya Lado…