Texas Tech University

Retail Roundup: Family Matters

November 5, 2010

While all companies face challenges, family-owned businesses have greater risks. Personal dynamics add a layer of complexity to professional relationships, and topics like job descriptions or succession may go unaddressed because of unspoken assumptions. Jeremy Short, professor of management at the Rawls College of Business, lends his expertise as to what may result when small businesses do not embrace change.

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