Families plan their summer often is a 4th of July picnic and celebration. Family Business enjoys July as the first days of the second half of the business cycle. Commencements signal the kick-0ff the start for a post academic career. Families treasure commencements, a badge of pride, courage, and honor. The 4th of July marks [Continue Reading]
What’s the Cause? Family Business and Physics share the same laws.
Did you ever consider that some of the laws of physics, thermodynamics apply to Family businesses. Let’s consider a few laws of physics, you remember your quantum physics right? The three that effect Family Businesses: Hawthorne effect, a form of reactivity in which subjects modify an aspect of their behavior, in response to their knowing that [Continue Reading]