Americans Prefer Not to Work for Family Owned Businesses

Posted by stillwagon428 under Management
From http://smallbiztrends.com 3467 days ago
Made Hot by: steefen on June 5, 2015 7:58 am

Unlike the residents of several European nations, most Americans would prefer to work for other types of companies, a survey of a representative sample of adults in the 27 member states of the European Union and 13 other countries reveals.

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Comments

Written by lyceum
3467 days ago

Dagmar: How about the saying: the first generation of the family founded the business and built the platform, the second generation developed it, and the third generation sold it, or crashed it...

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Written by Dagmar_R
3467 days ago

This is an interesting survey. I am from Germany. We have several well-known and successful family-owned businesses there. You can't generalize, but these businesses tend to have a more long-term orientation – which provides stability – and they tend to consider their employees as some sort of extended family. Many owners feel responsible their employees. You don’t find that very often anywhere else

I had worked for a very large and 100% family-owned business by myself. This was a great time. We could follow long-term strategies without caring for stock quotes and quarterly reports. In general, people there were much more committed to what they did than in other types of businesses.

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