Pros and Cons of Nepotism
Nepotism is a behavior that shows excessive favor to close relatives; the tendency to prioritize (benefit) one’s own relatives, especially in positions, ranks within the government; and the act of choosing one’s own relatives or relatives to hold the government. However, nepotism does not only occur in government. Any organization, no matter who owns it, […]
Legacy and Loyalty: Recruitment to Ensure Family Business Sustainability
Legacy and Loyalty : Recruitment to Ensure Family Business Sustainability. Legacy is what is passed on from predecessors to the next generation. In the context of a family business, what stands out from a legacy are the values, culture, vision, and mission that are passed down from one generation to another. It is this legacy […]