This has been a really enjoyable thread.
I always marvel at the Kongo Gumi construction company of Japan. It was founded in 578 AD when Germanic Tribes had finally sacked Rome and Mohammed was a baby boy and about to launch the expansion of Islam.
It remained under family management for over 1,400 years until finally rolled over and went bankrupt in 2006 and was acquired as a wholly owned subsidiary of Takamatsu corporation.
Crazy to think of all the cycles that family managed through in nearly a millenium and half of existence. They were the first group to avoid hereditary management and were known for demoting their senior employees if a certain work ethic and commitment was not in display.
I always marvel at the Kongo Gumi construction company of Japan. It was founded in 578 AD when Germanic Tribes had finally sacked Rome and Mohammed was a baby boy and about to launch the expansion of Islam.
It remained under family management for over 1,400 years until finally rolled over and went bankrupt in 2006 and was acquired as a wholly owned subsidiary of Takamatsu corporation.
Crazy to think of all the cycles that family managed through in nearly a millenium and half of existence. They were the first group to avoid hereditary management and were known for demoting their senior employees if a certain work ethic and commitment was not in display.