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UFB Issue #024 Nepotism April 15, 2004 |
ISSN 15465640 A free monthly e-zine with articles and tips from Family Business Experts who understand family values and business systems.
April 15, 2004 Issue #024 Family Business Experts https://www.family-business-experts.com http://www.familybusinessexperts.com
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In This Issue... 1. Our Managing Director Announces - 2. Business first family...Family first business Nepotism - Interview with Adam Bellow 3. Legacy through Leadership Updating Organizational Assumptions 4. Around the Family Business Experts web sites
1. Our Managing Director Announces - Adam Bellow's new book In Praise of Nepotism... is a fascinating read and does a great job of showing that nepotism is not always the bad force it is made out to be. It has particular relevance for family businesses, since nepotism is one of the most frequent problems we face. I am particularly pleased with Adam's perspective because it reflects the "other side of the coin" and balances the usual viewpoint that "nepotism is bad and must not be part of the family business environment". And we continue our Legacy through leadership series of tips based on the contribution of our internationally-recognized organizational expert Dr. Ken Mackenzie. This issue's tip deals with updating organizational assumptions - a critical step to keep planning consistent with goals and strategies.
Whether to contribute, challenge (or hopefully even praise) our newsletter, I encourage you to contact me directly Don, or our editor David. Enjoy, and here's wishing you, your family, your clients... much success! Don Schwerzler, Managing Director 2. Business first family...Family first business: In Praise of NepotismAdam Bellow is editor-at-large for Doubleday and former director of the Free Press. He's also the author of a remarkable new book, In Praise of Nepotism: A Natural History, which in our opinion is a must-read for anyone in a family business. Or maybe we should just say it is a must-read, family business or not. Yes, he's the son of the renowned novelist, Saul Bellow, but you can trust us when we say he's a danged good writer in his own right. For 20 years as an editor, Adam Bellow helped others develop their (often controversial) books before he authored Nepotism. As you would expect, the son of Saul received a great deal of media attention and more than a few reviews - some critical but most praising his effort. "What I've learned is that the reaction and criticism is often as interesting as the book," he laughs. We don't agree in this case, especially after reading the reviews. This is a very interesting book! He introduces the concept of "new nepotism" - "New nepotism is not the same kind of nepotism that people generally think of. It's not the same as we have defined in years gone by. There are important differences. With the new nepotism, parents no longer pick up the phone and pull strings. Instead, it's the children themselves who decide this on their own and they find their own way to exploit those connections. " The rest of the interview and the book itself are equally insightful. You'll also find a link on that page to order the book online.
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3. Legacy through Leadership
Leadership Practice Tip #2Updating Organizational Assumptions
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