G.A. Taylor Fernley's 10 tips for successful succession planning

Interesting factoid: Did you know only 30 percent of family businesses make it to the second generation; 12 percent to a third; 3 percent to a fourth and, some say, in the decimal places for a fifth.

Going from a 4th generation to a 5th generation family firm — and living to talk about it.

Leveraging your leadership presence to better your company

It happens eventually to those in a position of authority or rank. Above all the day-to-day managing, strategy and tactics, leaders must bring something additional to work: presence.

How to offer stability in choppy financial waters

Movers & Shakers

Applied Industrial Technologies promoted Dave Smith to director of corporate purchasing. In this role, he will oversee the product purchasing needs for all of the company’s distribution centers as well as activities related to transportation and procurement systems. Smith joined Applied in 1995 and for the past six years served as corporate purchasing and transportation […]