Gulf family businesses contribute a big share to their countries' economies. As the third generation now moves in, some critical decisions may be necessary to ensure sustainable growth.
It happened once. A family business owner, fed up with his son's lousy performance, went home and invited the son for a talk in the hot tub.
There, he put on a boss hat and sacked the young man. Shortly afterwards, he replaced the hat with another that carried the word "dad" on it, and said:
"Son, I am very sorry to hear that you've lost your job. Is there anything I can do for you?"
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