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The Family Is the Destiny of the Enterprise

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Topics of Family Business Governance

Part of the book series: Management for Professionals ((MANAGPROF))

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Abstract

A family business is firstly a business which is secondly owned by a family. The destiny of the family and the destiny of the business are intertwined—for better or for worse. One has to accept the destiny, has to make the best out of it, but cannot change it by willpower. A businessman needs a lot of luck in his destiny.

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Correspondence to Hermut Kormann .

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© 2021 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG

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Kormann, H., Suberg, B. (2021). The Family Is the Destiny of the Enterprise. In: Kormann, H., Suberg, B. (eds) Topics of Family Business Governance. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-030-58019-3_31

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