Baby boomers get credited with changing society, but I would think the gentlemen who fought in World War II changed the world more than we did. They came back from the war, got the GI Bill passed and instilled good moral fiber in their families. |
Cell phones, to me, are a joke. When we grew up we had a party line for six homes, meaning you had to wait for everyone else from the other five homes to be off the line before you could make a call. You know what? Society seemed to get along fine. When you got your own telephone land line, it was like you were a wealthy person. |
Overall the group is in a strong position and optimistic for the future, |
Succession, use of outside boards, managing communication -- all of those are related to family businesses as well as private businesses. |
What happens is that companies usually don't plan succession, |
What we wanted to do was make succession-planning a process for these companies rather than an event they have to deal with. |