Roy Suddaby

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Sometimes holding onto traditions can be a hindrance to the success of family businesses, but there are ways to innovate while also honouring them. (Andrea Piacquadio/Pexels)

How to manage traditions for the continued success of the family business

Peter Jaskiewicz, L’Université d’Ottawa/University of Ottawa; Katrina Barclay, L’Université d’Ottawa/University of Ottawa, and Roy Suddaby, University of Victoria

Traditions shouldn’t be thrown out since they often provide a vital foundation for the family business. But they also shouldn’t be rigidly enforced.

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