The Owner's Box @WashU Olin
In October, Juliet Chung of the Wall Street Journal wrote a piece titled "Wealthy Families Are Writing Mission Statements to Avoid Fights, Lost Fortunes." If no family – happy or unhappy– is simple, what does it mean for a family to be intentional? Today on the Owner's Box, the power and limitations of a family mission statement, and what lessons are worth mining from multi-generational family business owners.
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