If you push back the clock 25 years, a family enterprise could take the heat. But these days, if the enterprise is genuinely failing, the drumbeat that the board of directors will feel to bring in outside management will become irresistible.
Every move you make is scrutinized for its meaning, its performance, its adequacy,
If it's publicly traded, you've got no choice -- you have to get results,
If he has concluded the problems of Delphi are endemic to the industry, ... that would say, 'pay attention.'
There's almost a sacred responsibility top make sure the family's wealth grows, and you have the ghosts of your ancestors looking over your shoulder.