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Five things that family businesses must do to survive hard times

By Alfredo De Massis, Professor in Entrepreneurship and Family Business, Free University of Bozen-Bolzano, IMD and, Lancaster University
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The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

Meanwhile, his father Prince Charles has been waiting…

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