Loyola College will kick off a program devoted to solving the special management, succession and training problems faced by family-owned firms tomorrow.
Harsha B. Desai, a Loyola business professor who will head the new Center for Closely Held Firms, said the center is the only one of its kind in the Baltimore-Washington area.
"There are problems of sibling rivalry . . . of how to motivate a son or
daughter who doesn't want to come into the business," or how to deal with children who want to push a parent out of the business, Mr. Desai said.