Emotions are evident in several family businesses. The emotions and values of members of a family business change depending on the business's success. Often, family members are happy when the business is profitable. However, in cases of losses, the family members become curious about the company's operations and begin to blame each other. Regarding values, the head of the family should create values such as honesty, integrity and discipline to guide the member's actions towards the business. Even though these values change over time depending on the business's success, instilling such values is important in a family business.
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"The Successor's Paradox"
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Thank you @Andrea Savoia, Your post is primarily descriptive in nature, as it provides a general overview of the role of emotions and values in family businesses. It does not offer any analysis or synthesis of the information presented, nor does it provide any specific examples or credible citations to support its statements.
In terms of value-adding, the post provides some basic information about the importance of emotions and values in family businesses. However, it does not offer any new insights or ideas that would be particularly useful for those seeking to learn about family businesses at the masters' level.
The post could benefit from more analytical and synthesis work, particularly in terms of providing specific examples of how emotions and values impact family businesses and how these challenges can be addressed. It could also be improved by providing credible, published, and peer-reviewed citations to support its claims, which would increase the post's credibility and help to establish it as a reliable source of information.
In summary, the post provides some useful information about the role of emotions and values in family businesses, but could benefit from more analytical and synthesis work, as well as specific examples and credible citations to support its claims.