When it comes to succession in Singapore family businesses, blood not always thicker than water
For family businesses, succession is often a tricky issue that, if not properly managed, will rear its ugly head both at work and at home. Yet, for a business to prosper, concepts of meritocracy need to be in place, perhaps over and above biological ties. At a recent panel organised by the UOB-SMU E...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2011
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Online Access: | https://ink.library.smu.edu.sg/ksmu/286 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1285&context=ksmu |
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Institution: | Singapore Management University |
Language: | English |
Summary: | For family businesses, succession is often a tricky issue that, if not properly managed, will rear its ugly head both at work and at home. Yet, for a business to prosper, concepts of meritocracy need to be in place, perhaps over and above biological ties. At a recent panel organised by the UOB-SMU Entrepreneurship Alliance Centre, the heads of four Singapore family businesses describe the different paths they took to the top and how they plan to pass the baton. |
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