A recent article published by Harvard Business Review outlines the importance of distinguishing between merit compensation and inheritance.1 In most family businesses, the second generation inherit positions and compensation, which is usually a formula for disaster....
![KEYS TO THE KINGDOM: BALANCING MERIT VS. INHERIT MODELS IN THE FAMILY BUSINESS](https://zgwa13.p3cdn1.secureserver.net/wp-content/uploads/2023/09/gary_blog_MeritvsInheritance-1080x675.jpg)