Reply To: After integrating a family business, should the former owner remain or not?

#114049

Awais Dilawer
Participant

it completely depends on the situation, nature of the business and the present need of hour. sometimes companies need to be more competitive, so sticking to the old cultural rules of organization won’t help. However, in order to retain the expert officials with the organization, the old owner can made some specific team in the business who can present their ideas and it would be the owners choice to act upon it or not keeping the situation in view. Again its a complete matter of the situation a company is going through.

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