Question

The family business is looking to expand, and some members of the family, but not all, feel that it might be worth bringing in someone from the outside to fill one of the new management positions because the family talent has been pretty much exhausted. Design a process for hiring an external manager. What things should be considered

Answer 1

In order to hire an external manager for an expanding family business, it is necessary to implement a hiring process that clearly identifies the organization's set of needs, values ​​and objectives, in order to take the right action.

Family business

This business structure corresponds to the management and decision-making authority of family members, which can mean a stronger organizational culture with well-established and even inflexible values.

Therefore, according to the culture, in a hiring process, the ideal profile of the professional must also be established for the expansion strategy, which constitutes the focus of the company.

It is also necessary to have an accountability plan that guarantees greater autonomy to the professional, since in family businesses decision-making can be more rigid and centralized.

This can be a positive decision to increase knowledge and bring a differentiated vision to the company, generating innovation and creativity.

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