Wednesday, August 23, 2006

The Family Business

Another random Pakistan thought: many of the businesses I saw when I was there were family businesses. Some patriarch was the CEO with his sons managing the various business units. Grandsons were generally managers in the Sales or Sourcing department. What struck me was that the family members were ALWAYS working. Every discussion and every meal was about the business. Kids were groomed from a very young age about their responsibility to carry forward with the family business. There seemed to be a sense of OBLIGATION as opposed to ENTITLEMENT.

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