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Managing Ethical Dilemmas in Family Business

Family Firm Institute Podcast

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The Importance of Documenting Core Values

How important is it for families to consider documenting their tenets, their ideals, their ethical goals? I think it's very important because it commits them to something. It's something to refer back to what Wendy was mentioning earlier, which is to remind you, especially complicated large systems, what is your purpose?

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