Friday, 11 May 2007

My kid wants my job? Teaching family business

(Reuters) - Monson, director of the Center for Family Enterprise at the University of St. Thomas, a Minnesota school named for the 13th century saint, teaches a unique family business course where parents must attend along with their children.

The idea started as a way to tackle the often-thorny issue of succession in a family-run company, but after teaching his spring-term class of seven students plus parents, Monson found that both generations came away with a newfound respect for one another that may help their family businesses survive.


Read more at Reuters.com Business News

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