Conditioning for Transition In 2018
Family business succession is not a single event, nor does it occur overnight. It requires preparation and conditioning before being attempted. During the months of December and January, Orienteering Succession will present nine key themes from the 2017 series that remind us of the conditioning required.
Three – Release
Family business succession is all about change, and very significant change at that. If you are part of the current generation you will be required to release that which has most likely defined your life for the last 40 years. That’s not easy, especially when the incoming generation may not do anything the way you think it should be done.
These four short blogs will help you begin to embrace change, release the past and hopefully look to a new future:
‘But I’ve Always Made The Decisions’
It’s your business, you founded it, you have worked 24/7 for the last 30 years. Now you are being asked to share decision-making. Why should you?
‘Can’t They See They’re Not Well?’
Have you tried stepping into the shoes of the person who is carrying the burden of the business? Really stepping into their shoes and leaving behind all your thoughts on what you think they should be doing?
‘This Business Isn’t Big Enough For All Of Us!’
Are you a member of the family business’s current leadership and feel like the younger ones just want you gone? Well, do something about it!
The Exiting Generation And The Art of Letting Go
Is the exiting leadership team providing the new generation the opportunity to learn how to function as a team and make decisions for which they are accountable?
Act Now To Ensure A Successful Transition
The Ultimate Guide to Family Business Succession
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All the best in your succession journey
Richard Shrapnel
