Northwest Security Services Case Solution
This article focuses on theproblems encountered by a third-generation, family-owned company. Northwest Security Services (NSS) is a 55 year old firm that's developed a rich history since its foundation by Ernest Wilson, a less-than-affable, junior school-educated family patriarch.
Most of this article is spent focusing on several NSS company challenges that are unique to family-owned companies, including bringing younger generation family members into a company, underperformance by specific family member workers, asset diversification, building a corporate advisory board constituted of nonfamily members, department of possession, payment of dividends, transferring ability and power to younger family members, and the sometimes blurred line between where company stops and family starts.
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
PUBLICATION DATE: September 20, 2001 PRODUCT #: E103-PDF-ENG