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Bakers comment on benefits, challenges of family ownership.


Byline: The Register-Guard

What are the ups and downs ups and downs  
pl.n.
Alternating periods of good and bad fortune or spirits.


ups and downs
Noun, pl

alternating periods of good and bad luck or high and low spirits
 of being part of a newspaper family?

Here are the answers provided by a small sample of the 16 Bakers who comprise the generation now operating the The Register-Guard - Tony Baker, editor and publisher; Fletcher Fletcher may refer to one of the following: Ideas and companies
  • A fletcher makes arrows, see fletching.
  • Fletcher School of Law and Diplomacy, the graduate school of international relations of Tufts University, located in Medford, Massachusetts.
 Little, general manager; Susan Diamond, Newspaper in Education coordinator; Bridget Baker, corporate and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  coordinator for Guard Publishing Co.; and Ann ANN, Scotch law. Half a year's stipend over and above what is owing for the incumbency due to a minister's relict, or child, or next of kin, after his decease. Wishaw. Also, an abbreviation of annus, year; also of annates. In the old law French writers, ann or rather an, signifies a year.  Mack, director, development communications, University of Oregon The University of Oregon is a public university located in Eugene, Oregon. The university was founded in 1876, graduating its first class two years later. The University of Oregon is one of 60 members of the Association of American Universities.  foundation.

What are the benefits of being part of a family-run business?

Bridget Baker: `Having a product you can be proud of that is new every day, and the respect of the community for your part in producing it. Being given the opportunity to work here when younger, so that I was able to develop an excitement and even affection for the business."

Ann Mack: `Job and career opportunities. A chance to help the community through philanthropy philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity. . It brings the family closer together. It gives us something to pass on to our children."

Fletcher Little: `The decisions we make are ours and ours alone. We have only to look to ourselves for success or failure as a company and as a family."

Tony Baker: `As a privately held, independent property, we don't have far-flung public shareholders demanding ever-increasing returns each quarter or each year, the local economy be damned."

What are the challenges of operating a family-held business?

Susan Diamond: `Family-owned businesses have unique challenges built in, such as who can work at the business, how to work alongside family members, how to be business partners and yet take time to play together, how to disagree and remain friends, and how to run a business economically and still make a profit."

Fletcher Little: `The biggest challenge is to work with our relatives. Working at a family business where we're all owners adds to the stress of running what is already a difficult business. It's often difficult to separate family decisions from business decisions."

Ann Mack: `When working there" - Mack is a former reporter - "being regarded as an outsider Outsider often refers to one identified as on the periphery of social norms, one living or working apart from mainstream society, or one observing a group from the outside, as used in:
  • Outsider Art, created by artists working outside the mainstream art world
, not 'one of the guys.' Being criticized for and having to defend family actions that you may or may not agree with. Being regarded as wealthy and greedy greed·y  
adj. greed·i·er, greed·i·est
1. Excessively desirous of acquiring or possessing, especially wishing to possess more than what one needs or deserves.

2.
 when you're not. Feeling that you have to constantly prove that you're worthy of working there."

Tony Baker: `Balancing the needs and interests of the family with the needs and requirements necessary to ensure the business is successful. There are only so many chairs in the upper echelon of a family business our size."

Bridget Baker: `Reporting to a family member is very difficult, especially when it comes to performance evaluation Performance evaluation

The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the money manager achieved the calculated return
. It is difficult to give and receive honest feedback when your emotions get in the way. We Bakers all tend to err on the side of saying nothing, because we are trying to preserve relationships and not offend."
COPYRIGHT 2002 The Register Guard
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:The Register-Guard (Eugene, OR)
Date:Mar 3, 2002
Words:478
Previous Article:Twenty-one Bakers comprise the generation that's currently operating Guard Publishing Co.
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