How to Build Upon the Legacy of Your Family Business - and Make It Your Own
Briefly

Founded by Henry Ford in 1903, the Ford Motor Company rocketed to success by mass-producing reliable, low-priced automobiles.When Henry's son, Edsel, took the helm in 1918, he championed a different strategy for a new era.He sought to replace the Model T - iconic but outdated - with a more modern design geared to high-end and foreign markets, and later embraced compromise with labor amid the suffering of the Great Depression.
Read at Harvard Business Review
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