Learn from Charlie Luck’s business savvy with respect to Luck Stone’s family business succession

Value Added The Lucks try to keep good fortune in the family.jpg

Learn from Charlie Luck’s business savvy with respect to Luck Stone’s family business succession, who points out:

“Figuring out a way to keep the enterprise in family hands;
means deciding whether anyone in the next generation
— if any or all children —
will have the right skills and passion to run the firm.”

“One of the worst things in the world you can do is put any person in a company role, family or non-family, that does not align with who they are, with their skill set and their capacity. That is unethical.”

Value Added: The Lucks try to keep good fortune in the family

article: https://www.washingtonpost.com/business/economy/value-added-the-lucks-try-to-keep-good-fortune-in-the-family/2014/01/12/dda02f28-77b4-11e3-8963-b4b654bcc9b2_story.html?utm_term=.3acb875546f3