The ‘skipped generation’ in family business succession is real and represents a clear risk to many multi-generational family businesses. We are all living longer these days and many can expect to live into their 80s and beyond. But what does…
Freedom From The Family Business #succession
Not every child will want to be part of the family business, even if they are the most talented family member. Is supporting the family business compulsory? There are those family businesses where not a second thought is given to…
Whose Vision Of The Future? #succession
Once you enter the transition journey, you must consider whose vision of the future counts the most, that of the current leadership or the next generation. At a recent family business strategic planning workshop, one of the next generation leaders…
Succession & The Family Home
The family home is the hub in which the family grew and which holds many memories. Is it, however, a cornerstone for enduring family unity and growth? Does Distance Really Equal Disconnection? Parents generally like to have their children at…
So Who’s Your Favourite Child #succession
So who’s your favourite child? And do you actually recognise the impact that may have on family unity? It’s almost a universal language in any family: ‘Oh, he or she is Dad’s or Mum’s favourite. They always have been. They…
