The Harvard Business Review Family Business Handbook by Josh Baron & Rob Lachenauer

Author:Josh Baron & Rob Lachenauer [Josh Baron]
Language: eng
Format: epub
Publisher: Harvard Business Review Press
Published: 2021-01-25T16:00:00+00:00

Family can be one of the most stable institutions in life. Your relationships with your brothers and sisters, for example, are likely to be the longest in your life. At the same time, families are constantly changing. When a generation is in its thirties and early forties—getting married and having children—you can expect lots of new family members. If, say, you are a first-generation member and your three children marry and each has two children, your family has gone from five members to fourteen members. And the number of unique relationships in your business family has gone from ten to ninety-one!2 As one matriarch told us, “As our family grows, it’s hard work to stay together. But it’s worth it!”

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