The project is co-funded by EU through the Interreg-IPA CBC Bulgaria–Serbia Programme.
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06.05.2020 18:21

Engage and develop strategy

The best family businesses identify their future leaders early and invest in them - whether they are relatives and grandchildren, existing employees who promise, or outsiders who have no connection to the family business. They engage when leaders, other than owners or direct descendants, are not yet needed, carefully developing through the business, so that when ready for ”more important” roles, they certainly have the right values and competencies. This is a kind of ”Engage and Develop” strategy as presented by the president of the family-run Indian company.