“Stewardship” – an evolving concept. Historically, stewardship reflected the need for stewards (owners or managers) to account for their actions to resource-providers, but in a family firm the concept takes on a much broader meaning. Families in business often view themselves as stewards of the family wealth: in particular, they have a long-term orientation and the business is managed with future generations in mind.
This practical guide offers help on building, nurturing and passing down an enhanced legacy to future generations
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