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Family R&D: Preparing the Next Generation

In: The Business of Family

Author

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  • Linda Davis Taylor

Abstract

In business, meeting the needs of tomorrow’s customers requires constant innovation. Staying ahead of the game is the game. Success isn’t simply about churning out the next product first. Achieving the right balance between sticking with the status quo versus trying something new is every company’s challenge. This also applies to families as they strive to preserve their legacy while evolving with changing times.

Suggested Citation

  • Linda Davis Taylor, 2015. "Family R&D: Preparing the Next Generation," Palgrave Macmillan Books, in: The Business of Family, chapter 0, pages 157-166, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-48787-2_14
    DOI: 10.1057/9781137487872_14
    as

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