Interesting insight into how this 127 year old family firm has survived to the sixth generation when many family firms fall by the wayside.
For them the focus was on Workplace Culture, Transparency and Accountability which are inevitably good underlying qualities for any business to employ.
It is also essential for the business to focus on its strategy, maintaining their point of difference but above all evolution is key in order for the family business to remain relevant. Focusing on the strategy and allowing time to be spent on the business rather than in the business can be immeasurably beneficial in the long term to all concerned.
Curtis Lumber Co. is one of the 3% of family-owned businesses that have made it past the fourth generation. In fact, they've made it even farther: surviving for 127 years and recently employing its sixth generation. It established its lumber and building material business in 1890. That means it has survived major historical events from The Great Depression to The Great Recession and everything in between.