Yesterday I spoke at a seminar on family business in Istanbul, Turkey. Throughout my career in counseling families in business, I’ve worked with many businesses in Turkey. At yesterday’s seminar, I shared case studies and experiences in two talks, “Reflections on more than 20 years of serving the Turkish Clients” and “The Joys and Challenges …
Avoiding the Pitfalls of Nepotism – A Quick Review
In my last two posts, I discussed nepotism – how it can hurt a family business and the good kind of nepotism that can actually help a business. Nepotism is the practice of showing favoritism toward one’s family members or friends in economic or employment terms, for example, granting jobs to friends and relatives, without …
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