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Family businesses account for 64% of U.S. gross domestic product and employ 62% of the U.S. workforce. This podcast, sponsored by SMB Interim Management and Yate Advisors, explores the major challenges facing family businesses today. Moderator Robin Letchinger interviews leading authorities on family business management and leadership, discussing their personal experiences, the challenges they see, and best-practice solutions to difficulties ahead.
Episodes
Saturday Feb 12, 2022
Saturday Feb 12, 2022
In your family-owned business, should you have a board comprised entirely of family members or some mix of both family directors and independent directors? In this episode of the Family Business Leadership Podcast, Robin explores that question in her interview with Bill Hudson. Bill, whose company is H. D. Hudson Manufacturing Co., is an active member in his own family business’s multi-generational board and an independent board member on other families’ business boards. Bill and Robin discuss the importance of having independent directors on family business boards and how to navigate some of the family interests that often arise on such boards.
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