Business Strategy

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The Impact of Supervisor Bottom-Line Mentality on Employee Well-being and Organisational Success

Explore the dynamic landscape of Supervisor Bottom-Line Mentality (SBLM) and its profound effects on employee well-being and organisational success. Uncover strategies for maintaining ethical leadership amidst profit pressures.

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Choosing the Right CEO: Balancing Legacy and Change in Family Businesses

Family businesses face a unique challenge when transitioning leadership to the next generation: whether to choose a family member or an outsider as the next CEO. This decision is influenced by a complex interplay of factors, including socioemotional wealth, company performance, and organizational slack. While non-family CEOs can bring fresh perspectives and new skills, family CEOs may be better positioned to preserve the family legacy. Ultimately, the best decision depends on the specific needs of the business and the family.

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