Talk to enough family-business owners, and one thing becomes clear very quickly: For those with their own name on the shingle, business and family life are intertwined. Yet with increasing specialization, competition from corporate giants and from outsourcing, family businesses are under more pressure than ever to innovate, find new efficiencies, and improve performance. In this five-part Special Report, BusinessWeek Online looks at the future of the family business and explores how savvy owners can see their businesses grow and prosper in the coming years — along with examples of companies that are doing just that.
via Anthony Cerminaro.
Photo by Emdot.
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