NON-FAMILY EXECUTIVE FIT

Family business owners think a lot about how to determine the “fit” of a prospective non-family executive in a values-driven family company.  Some recommend visiting the candidate’s home; some suggest dinner with spouses.  Others find many interviews with both outside executive and with some family owners to be valuable.

A recently heard story comes to mind:

The evening after a first interview a family-owner is, unbeknownst, at the same theater as a candidate. Not yet having an opportunity to go greet the candidate, she observes him tipping the parking valet to get to the front of the line of those waiting.

Someone else was hired.

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