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Succession is a challenge the world over and covers both the areas of management and ownership, and the transition from one generation to the next needs careful planning and consideration to minimise the potential affects.
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The Elephant In The Room
Succession planning is always on the family business agenda. However, it can be one of the hardest conversations to have because it involves people letting go and handing over responsibilities. Read More
Family Business Longevity In Three Steps
Lessons from the UK’s oldest privately owned bank, which has been in the same family for more than 300 years. Read More
Managing The Emotions Of Succession Planning
A conversation at The Great British Family Business conference prompted me to put pen to paper…well, tap out a few thoughts on the keyboard…to share some experience about succession planning and the responsibilities involved. Read More
Handing Over The Reins
Succession is arguably the most important decision you’ll face as a family business owner. Getting it right will help ensure your firm’s longevity; getting it wrong could put it all at risk. Read More
When Do You Start Succession Planning?
When is the best time to begin planning for succession; today and yesterday. Why the rush? Succession planning is not only of critical importance, it can be a long process when it is done correctly. Read More
When Succession Skips A Generation
Hiring non-family executives helps ensure longevity, but it requires strategic finesse. Read More