Why You May Want Your Daughter To Take Over The Family Business

American Dreams Radio

When Pamela Kan took over leadership of the company in 1999, she transitioned Bishop-Wisecarver from a family business to a professionalized organization. Her vision for the company was to provide custom solutions and innovative products that would help clients reduce cost and increase efficiency. Kan has led the company through numerous changes in technology and processes, including the introduction of new materials, advanced machinery and digital solutions. She has also focused on developing a workforce that is highly skilled in their respective fields. There are a number of challenges that come with running a family business, according to Pamela Kan. One of the biggest challenges is transitioning the company from a family-owned operation to a professionalized organization. This involves making changes in how the company is run and how it is perceived by both clients and employees. Another challenge is maintaining harmony within the family while also running the business. This can be difficult when there are disagreements over business decisions. Finally, it can be difficult to separate work and personal life when both are taking place within the same organization.