Pandeymonium by piyush pandey6/28/2023 That brings me to the most important point: which company, family-run or otherwise, does not exercise control? There is, of course, an extraordinary amount of control-at least the perception of control. It’s no surprise then that even these days, we see many family-run companies enjoying the advantage of continuity in leadership and an extraordinarily high level of loyalty. Senior executives are able to see their value beyond their salary slips when they know that they are wanted and they know that their views are respected, and they know that the company they work for is sensitive to their needs and concerns, they are less inclined to jump jobs. That’s what leads to their amazing ability to retain talent. Family-run companies are more sensitive, and demonstrate more warmth and sensitivity. There’s a huge difference in the way that family-run businesses are run when compared to what we call ‘professional’ companies.
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