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New Products and Services: Driving Value with Innovative Offerings

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Innovation in the Family Business

Part of the book series: Family Business Leadership Series ((AFBP))

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Abstract

“What should we do?” That was the question on Howard Tuthill’s mind as he walked through his family’s factory one cold winter afternoon in 1930. The grease-laden cast iron machine tools surrounding Howard shone in dim sunlight. Only a handful of the workstations were occupied, making the cavernous space much quieter than in recent years, a sign of the challenging situation the business faced.

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© 2014 Family Business Consulting Group

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Schmieder, J. (2014). New Products and Services: Driving Value with Innovative Offerings. In: Innovation in the Family Business. Family Business Leadership Series. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137386243_3

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