Long-term orientation (LTO) is an important attribute of many family-owned businesses, and some researchers argue that it might even be their distinguishing asset. Family firms generally apply longer time horizons in their decision-making than their non-family-owned counterparts.
This practical guide offers advice on how long-termism can contribute to competitive advantage and sustainable family business.
Click here to review or download the guide.
To access the full range of Research Foundation Challenger Guides please visit https://www.fbrf.org.uk/family-business-challenges