Please… Just Leave! You’re Driving Your Employees Nuts
Transitioning the business from one generation to the next can be an awkward and confusing time for everyone involved. As the next generation takes over, successors and employees alike find themselves struggling to feel their way to a new sense of equilibrium in the...
4 Things Every Successor Needs To Succeed
Transition is never easy on a family business. Communication patterns get disrupted, reporting relationships shift, and the entire company struggles to find a new status quo. Of all the people involved, no one struggles quite as much as the leader’s successor. Not...
Multiple Successors: Blessing or Curse?
Family business succession is never simple; there could be a lot to account for when transitioning from one generation to the next. That process gets even more complicated when there are multiple successors set to take over leadership of the company. There can be many...
Owner’s Dilemma: When Your Successor Doesn’t Want the Job
You’ve sorted through the ranks and found the perfect person to take over the family business . Unfortunately, they’re not so convinced. You’ve done everything you could—sweet talk, flattery, and so on—but they’re not budging. They simply do not want to own or manage...
When the Business’ Successor Cup Runneth Over
Too much of a good thing… Whether we’ve had one ice-cream scoop too many, or we’ve spent a little too much time in the sun, we all know the meaning of those words. While many owners approach succession as the proverbial search for a ‘needle in a hay stack,’ we often...ABOUT US
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