In Invent Reinvent Thrive, I talk about several different family businesses, and how they faced and overcame certain challenges as the business passed from generation to generation. In this week's Becker Spine Review, writer Laura Dyrda took her inspiration from the book to cover three family medical practices facing change at a time of business turnover. Laura provides lessons learned and how they can apply to evolving spine surgeon practices, including obtaining outside experience:
Steven Crown, a third-generation family member in Henry Crown & Co., struggled to work alongside non-family members who knew eventually he'd become their boss. His mistakes were corrected before he could learn from them. As a result, Steven left the company for outside experience before returning to the family business...
Read the rest at Becker's Spine online.
Even though I didn't cover medical practices as part the family business aspects of Invent Reinvent Thrive, this piece shows that the principles I'm trying to impart are universally applicable. Thank you to Laura and Becker's Spine for promoting the message of reinvention.