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Family Business Labs
"The Successor's Paradox"
My family business is like a sailing ship, tradition is the hull that keeps it stable, while innovation is the sail that moves it forward.
My family business is like a sailing ship, tradition is the hull that keeps it stable, while innovation is the sail that moves it forward.
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Your metaphor captures the balance between tradition and innovation well. To deepen the reflection, consider specific tensions your family business faces—does tradition ever slow down innovation, or do they reinforce each other? Bringing in an example from your business or an industry comparison could strengthen your analysis. Connecting this idea to strategic decision-making frameworks would add depth and make it even more insightful. Great start!