The Impending Generational Shift in the German Mittelstand: How Strategic Reputation Management Can Secure Continuity
A Critical Dilemma: When the Next Generation Rejects the Family Business The German corporate landscape is facing an epochal challenge: the imminent generational shift in the Mittelstand. One topic that is shaking many family businesses is succession planning. What happens when the children, the potential successors, have no interest in following in their parents’ footsteps? […]
How does reputation management work?
Reputation refers to the predictability of a company’s or person’s future behavior – whether as a contractual partner in an economic context or, for example, as a mayor in the social context of a village structure. The Internet has become a second reality for employees and customers. Everyone forms an opinion, asks for stories and […]