Top floor traps: What's really holding business back

Family business boards are lagging behind their non-family counterparts according to research out of Harvard. The news is worst when it comes to finding and keeping fresh talent.

Family business boards are lacking key skills and non-family businesses are way out in front, according to Harvard Business Review research.

Succession management, attracting talent, strategy, financial audit, risk management, compensation, mergers and acquisitions and self-assessment are all stumbling points according to the American data.

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