The Cultural Aspects of Change
Every family business implements some kind of change at some point, whether that be a change of leadership, change of technology, change of strategy, or change of structure.
Most change initiatives take a lot of time, effort, resources, and money so you need to ensure that these initiatives will be successful. Did you know that one of the reasons that change initiatives fail is because of a lack of understanding of how much a change in culture will be needed to deliver that successful change?