Jesús Rico is professor of Strategy at EAE Business School and a consultant on family-run businesses, general management, strategy and change. Prof. Rico has an ample professional career in the fields of general management, development, strategy, digital transformation, IoT, finance, operations, organisational change and industry 4.0.
Sooner or later, all privately-owned companies have to tackle the quandary of the generational handover, but is it better to keep it in the family or bring in fresh blood, asks Jesús Rico, professor of strategy at EAE Business School?
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