When running a family-owned business, it’s easy to let things fall off the radar. You can become so focused on addressing today’s problems that you have little bandwidth to think about tomorrow.
However, if you don’t take the time to establish clear roles, policies and procedures for your business and its employees, you risk building a house without a solid foundation.
The truth is many family businesses don’t survive into the next generation. If you want to give yours the competitive edge, then it’s time to focus on your people plan.
Here are some tips to help get your HR