Chengwei Liu: Should Family Businesses get over Nepotism?

June 11, 2019 00:15:28
Chengwei Liu: Should Family Businesses get over Nepotism?
The Family Business Voice
Chengwei Liu: Should Family Businesses get over Nepotism?

Jun 11 2019 | 00:15:28

/

Show Notes

Dr Chengwei Liu is an Associate Professor of Strategy and Behavioural Science at England’s Warwick Business School. An expert in executive decision-making, Dr Liu’s papers are featured in leading academic journals around the world. 

His work on nepotism explores the complexity of its expression in practical situations. The behaviour is difficult to define outside of the classroom and is neither categorically harmful or beneficial. That said, however, Dr Liu asserts that nepotistic practices, rooted in the tribal protectionist societal structures of our ancestors, are becoming less relevant in modern business settings.

Recently, we sat down with Dr Liu to discuss the symptoms of nepotism in family business, how size plays a role in determining whether the behaviour is a detriment or an advantage and why family business leaders should embrace plurality.

Read the full article on Tharawat Magazine.

Listen on Spotify, Apple Podcasts, Google Podcasts, Stitcher and TuneIn.

Also, read the full article here.

Other Episodes

Episode 0

May 14, 2019 00:20:12
Episode Cover

Claudia and Joe Astrachan: How can you Leverage Family Ownership to Market your Business?

Leveraging family ownership is a unique opportunity presented to family businesses when formulating their branding strategy. Whether by adding the typical ‘and Sons’ to...

Listen

Episode 0

April 30, 2019 00:21:46
Episode Cover

Michael Haenlein: Why are So Many Businesses Missing the AI Revolution?

According to Michael Haenlein, Marketing Professor and Scientific Director of the ESCP Europe Research Centre on Big Data, not only do we struggle to...

Listen

Episode 0

March 11, 2022 00:19:45
Episode Cover

What can we Learn from the World's 500 Largest Family Businesses?

More than half of all companies globally are family owned or operated, contributing to 70% of the world's GDP and accounting for 65% of...

Listen