Addresses the issues faced by the third generation of the family business. North-West Security Services (NSS) is a 55-year-old company that has developed a rich history, from its foundation by Ernest Wilson, less than friendly, college-educated family patriarch. In most cases, carried out by focusing on a few NSS business challenges that are unique to family businesses, including the involvement of young members of the family generation in the business, some family members of unsatisfactory employees, asset diversification, corporate advisory board comprised of nonfamily members divided property, payment of dividends, the transfer of power and strength to the younger members of the family, and sometimes hazy line between stops, where the business and the family begins. "Hide
by H. Irving Grousbeck, Christopher S. Flanagan Source: Stanford Graduate School of Business 18 pages. Publication Date: September 20, 2001. Prod. #: E103-PDF-ENG