Monday, November 03, 2003


Family, Inc.
Surprise! One-third of the S&P 500 companies have founding families involved in management. And those are usually the best performers

... Forget the celebrity CEO. Look beyond Six Sigma and the latest technology fad. One of the biggest strategic advantages a company can have, it turns out, is blood lines. BusinessWeek has found that a surprisingly large share of Corporate America -- 177 companies, or a third of the S&P 500 -- have founders or their families still on the scene, in most cases as directors or senior managers. And, in what may be Corporate America's biggest and best-kept secret, they're beating the pants off their nonfamily-run rivals....