Interesting video on An Wang and Wang Labs

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source:  https://www.youtube.com/watch?v=MgDZQy0nN-Y

The video reminded me of what I have heard about many companies, family values sometimes gets in the way of business success.  A friend used to work in the Illinois sales office of a company that made circuit boards.  One of their big customers was the Motorola handset operation in northern Illinois (this was last century).  

The circuit board company manufactured in mainland China but it had started on Taiwan.  The problem was similar to what happened with Wang Labs.  As the company grew and the founders aged control was passed to the next generation of the family who weren't as competent.  Of course this isn't just a Chinese business problem, it happens at many companies.  I'm sure that many Harvard advanced degrees have been granted to those who have studied and documented this business succession problem.

I don't know what happened to the circuit board company, my friend quit to pursue other interests but their Illinois office must have been affected when Motorola imploded.

Best Regards,
Chuck, WB9KZY
http://wb9kzy.com/ham.htm