Small Business Management–All in the Family and Beyond (Part 2)

Ronald Norelli, Northeastern alumnus, and president and CEO of Norelli & Company; and Kimberly Eddleston, associate editor of The Journal of Family Business Strategy and associate professor of entrepreneurship and innovation at the D’Amore-McKim School of Business at Northeastern University, discussed succession planning and other management strategies for small and family businesses. They talked about trends in innovation and organizational change for small businesses, and discussed how they must periodically transform themselves to improve or sustain their competitive positioning.