More from CBIA’s Family Business Survey: Internal Challenges

What’s the greatest internal challenge facing your business today? More than 150 respondents to CBIA’s 2012 Survey of Family Businesses shared their insights to this open-ended question. Among their responses:

• Replacing older workers who will retire in the next five years
• Finding employees with the right skills
• Having people understand how to work
• Cash flow
• Silos between functional execs
• Not having defined duties and responsibilities
• Finding good-quality help
• Concerns about staffing while economy is attempting to take off
• Developing employees to meet growth
• Who is first in the line of succession
• Family member conflicts
• Differences between expectations of family members
• Quality people
• Employee attitude/work ethic
• Hiring skilled machinists and engineers
• Employee development and retention

Survey