Author and Executive Director of the Loyola University Chicago Family Business Center
Andrew Keyt is the author of Myths and Mortals: Family Business Leadership and Succession Planning and the executive director of the Loyola University Chicago Family Business Center.
The businesses that survived three, four or five generations were powered by these distinct forces.
To fire a family member may be one of the most difficult challenges a family business will face. Here is how to ensure the process is as painless as possible.