Building a Family Business That Lasts

Listen to Dr. Joseph Astrachan, who teaches family business at Kennesaw State University, explain how and why leaders need to acknowledge the importance of investing in leadership development inside the family enterprise. As a founder, to ensure the long-term success of a business, it is important to take a step back and observe how the business operates without you. Pulling back will allow other members to take on a leadership role, and will communicate to employees that they have garnered the founder’s trust.