Nepotism

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arancio

arancio

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Nepotism \Nep"o*tism\ (?; 277), n. [L. nepus, nepotus, nephew:
cf. F. n['e]potisme. See Nephew.]
Undue attachment to relations; favoritism shown to members of
one's family; bestowal of patronage in consideration of
relationship, rather than of merit or of legal claim.

What do you think; for or against??

This is in the right forum.
 
It depends on who's money you're playing with. If its a closely held family owned business, then it may make sense to groom "your own" in succession planning. As a result, trade secrets/competitive advantages can be more closely protected. Its not without its cost though - loss of productive employees/disgruntled employees, etc. Widely held companies aren't so much of a problem as one has a fudiciary duty to shareholders and promotions require the appropriate approval. Sometimes it works, other times it doesn't. More often than not, nepotism results in problems and abuse. It all comes down to the "golden rule". You have to be careful - both for whom you choose to be employed by and for whom you choose to employ. Are you prepared to "fire" your son, daughter, neice or nephew if they get out of line?
 
arancio said:
Nepotism \Nep"o*tism\ (?; 277), n. [L. nepus, nepotus, nephew:
cf. F. n['e]potisme. See Nephew.]
Undue attachment to relations; favoritism shown to members of
one's family; bestowal of patronage in consideration of
relationship, rather than of merit or of legal claim.

What do you think; for or against??

This is in the right forum.
Click to expand...


Cryptic:eek::eek:
 
IBTL!

Regarding nepotism, when referring to the children who inherit successful businesses:

"It must be nice to start at the top and work your way down to the bottom.".
 
Slavex said:
either post wtf you're talking about or I'll nuke this thread.
Click to expand...

I think you have to live here to understand. Since this is an 'Action Shooting Games' thread, I'll say that shooting is optional.
 
In work, I've seen nepotism work both ways. I know one local business where a large percentage of the employees are family, and they seem to have the proper work ethic. I suspect that when the one son takes over, the transition will be relatively seemless.

And yes, I've seen the opposite.

As for "legacy" kids, work tends to be the great equalizer. Either they put out, or they get out. If they have a reputation for talking more than working, they wear out thier welcome early.
 
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