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Question of the Month

We have partnered with Purdue University to help gather data about certain aspects of family-owned businesses. As part of the Purdue Initiative for Family Firms, a poll is released every month for family business members to take. Help us help you as we join this national research effort to learn more about family-owned businesses.We will share the results each month with you. Thank you for your time!

November 2017 Question

Everyone has an idea about how families work best. Some people think families work best when they have one strong leader. Others think families work best when the adults in a family work together as equals. Thinking of a scale from 1 to 5, where 1 means that you think families work best with one strong leader and 5 means that you think families work best when the adults work together as equals, what number would you chose?

1 - One Strong Family Leader
2
3
4
5 - Work Together as Equals

Click here to take the poll!

October 2017 Result












         

October 2017 Question

Do you have clearly laid out family business policies?
Do you have policies that guide decisions inside the business? Do you have policies that guide decisions about the relationship between the family and the business (how the two interact)? 


September 2017 Result

August 2017 Results

September 2017 Question

Do you currently or would you require a family member to gain outside experience before returning to the family firm? If yes, what amount of experience do you think is ideal (number of years)?

Click here to take the poll!

          


      

August 2017 Question

How often does your family business go through a strategic planning process (i.e. review the business plan, review goals and objectives, review the marketing plan, etc)?

Click here to take the poll!


July 2017 Results


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