Formalized Processes for Family-Owned Businesses
Jackie Zach | January 25, 2024
In another insightful discussion, Mike McKay and Jackie Zach explore the importance of formalized processes in family-owned businesses and the challenges that arise from a lack of structure. They emphasize that many family businesses operate with informal, inherited methods that can lead to inefficiencies, ambiguity, and stagnation. This lack of systematization hampers growth, as employees and customers face unclear expectations,
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