Showing posts with label Family Business. Show all posts
Showing posts with label Family Business. Show all posts
Lance Gokongwei - Commandments on Family Business
Posted On Saturday, March 24, 2012 at by Sun Jun
Running a family business isn't easy. In fact, in business circles, many people talk about how the 1st generation start the business, while the 2nd generation makes it grow, only to be brought down by the 3rd generation. Here are a few tips from Lance Gokongwei, president of the JG Summit Group, one of the successfully-ran family businesses in the Philippines. Great lessons to follow for those who are looking on to build their business empire as well.
In summary, the unwritten commandments of the Gokongwei family are as follows:
Lance Gokongwei - Commandments on Family Business
Posted On at by Sun JunRunning a family business isn't easy. In fact, in business circles, many people talk about how the 1st generation start the business, while the 2nd generation makes it grow, only to be brought down by the 3rd generation. Here are a few tips from Lance Gokongwei, president of the JG Summit Group, one of the successfully-ran family businesses in the Philippines. Great lessons to follow for those who are looking on to build their business empire as well.
In summary, the unwritten commandments of the Gokongwei family are as follows:
