Nonprofit organizations play a vital role in addressing societal needs and making the world a better place. These organizations are established to serve the public interest and do not operate for the purpose of making a profit. Nonprofits provide essential services that are not adequately met by the government or…
“Strong interpersonal skills are a must.” How many times have you seen that in a job description? You’ll find it in just about any job description that requires regular collaboration with team members, interacting with business partners, managing people, delivering presentations, interacting with the community and so much more. What…
Centennial, an executive search firm, welcomes Mike Dunn as the Vice President of Executive Search. Dunn brings with him decades of experience in strategic operations, people management and marketing. Most recently, Dunn was the Executive Director at the Society of Saint Vincent de Paul, District Council of Cincinnati, where he…
Family businesses are a crucial part of the global economy, accounting for over 80% of the world’s businesses and employing millions of people. In recent years, there has been growth in the number of women taking over and running family businesses. Women bring a unique set of skills and perspectives…
Many family businesses are owned, managed, and operated by members of the same family. While this form of business ownership can offer many benefits to the owners, it can also bring unique challenges. This is where a board of directors and/or advisors can come in handy. Let’s explore the benefits…
Succession planning is a big part of running a family business. It is important to have an effective plan in place for when the current top leader steps down, so that the company can continue to run smoothly and successfully. However, succession planning is not just about managing the business—it…
What are the biggest advantages to working for a family-owned business? Family-owned businesses are a vital part of the global economy, accounting for approximately 80% of all businesses worldwide. These businesses offer numerous advantages over other forms of business ownership, making them an attractive option for job seekers. In this…
Family businesses are a critical part of the global economy. Their impact has been an integral part of the global economy, providing a wide range of goods and services, creating jobs, and stimulating economic growth. They account for more than 80 percent of all businesses and generate over 50 percent…
What do you think of when you think of a family business? To some, the term family business may bring to mind a small hardware store, a moving service or a local restaurant. Oftentimes you’ll spot these family businesses by name alone. Names such as “Bowman Stove”, “Pete and Sons”,…
