Family owned and managed companies represent a large percentage of companies operating domestically and worldwide. Dynamics can develop into issues that are important for the family-owned company, and have far reaching implications for its functionality. One challenge entails coping using a household member employee who, for various reasons, acts in ways that have damaging and toxic effects on the organization. We label this occurrence 'the Fredo effect,' referencing the bungling brother from The Godfather novels and movies. We further examine what family business leaders can do to address, and how family businesses damages when it comes to leadership series and operation
PUBLICATION DATE: January 15, 2013 PRODUCT #: BH504-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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