One of the leading family business challenges is the demand for leadership talent greatly exceeds supply. The “obvious” next in line to lead the family business may not be the best choice. In addition patriarchs often stay in their leadership positions well into their 70’s while the younger generation is trending toward earlier retirement. This […]
Family Businesses Succession Planning: How to Move Forward
Family business succession planning is a series of specific steps and timelines that need to be followed to ensure success.