Write 5 of the values at the heart of your family business
Education
Legacy
Creativity
Passion
Flexibility
Write 5 examples that illustrate these values in your family or business
All family members were encouraged to pursue their education, and get university degrees
The founder is concerned about sustainability of the family legacy and how to transfer to the rising generation in a way that will insure success for future generations
The key to the success of the family business has been creativity in new products, styles and trends
The passion for the industry has been the kindle that fueled the strength and the success of the business
The openness to new ideas and new business models has ensured the success of the business in difficult and changing times
We all know that values are key but, so hard to describe. Let’s give it a try, having them written down will be a great start to planning ahead