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Editor’s Note: This is the first in a series about professional development opportunities for potential family business successors. Below, the author looks at the value of outside experience. The second will discuss the importance of onboarding. The final article will address individual development planning based on the potential successor’s strengths, weaknesses, opportunities and threats.

Many NSRA members who have family firms have the pleasure of their children working in the business. There are many benefits related to learning the business from the inside out, including having the opportunity to work closely with family and together building the American dream of self-sustainability.


Published in the November/December 2018 issue of Shoe Retailing Today, Copyright © 2018, National Shoe Retailers Association, Tucson, AZ, All rights reserved.

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