An interesting factor that changes corporate culture is the external political environment. In an atmosphere of rampant government corruption, businesses adjust their operating methods to suit the external realities. When there is a strong government that clamps down on corruption, business once again re-orient their operations to suit best practices.
At FABRIC, we help family business understand their complex cultural dynamics and help them build a cultural framework brick by brick so that founders can create a cultural legacy along with a business legacy!
Read more:
6 ways to build your family’s human capital
What Influences Culture in Family Businesses?
Keywords: culture, transition, relocation, international business, joint venture, incumbent, succeeding generation, cultural legacy