Companies belonging to the family and managed a large proportion of companies operating on a national and global level. Dynamics introduced by family members may develop significant problems for the family business, and have profound implications for their performance. Challenge is to deal with an employee of a family member who, for various reasons, behaves have toxic and damaging effects on the company. This phenomenon of “effect” incompetent brother Fredo SEO Godfather books and films. Here, the effect of Fredo is discussed in a social context of the family, why Fredo effect is unique to family businesses, and how the effect increases over time in family relationships. We also analyze how Fredo effect hurts family businesses in terms of succession and leadership performance, and the chiefs of staff that the family can do to meet
by
Roland E. Kidwell,
Kimberly A Eddleston,
John James Cater III,
Franz W Kellermanns
Source: Business Horizons
8 pages.
Date Posted: January 15, 2013. Prod #: BH504-PDF-ENG
As ill family member can affect a family business: if Fredo effect Prevention Solution
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