Retail Roundup: Family Matters
Nov 5, 2010
Jewelers' Circular Keystone - “Family businesses tend to be more conservative and not take the bold actions a lot of small businesses might take,” says Jeremy Short, professor of management at Texas Tech University. A lack of staff autonomy—a common result, Short says—reduces innovation. “It has potential to constrain decision-making and proactive thinking about market challenges.”
tags: Texas Tech in the News