Rising To The Challenge Of Succession
Finding a family successor is one of the greatest challenges for family firms but when done correctly, it will deliver value for the company over...
Author : Morten Bennedsen
Four Simple Rules For Succession Planning
How to keep the business – and the family – running smoothly into the next generation and beyond as the building blocks of a national...
Five Challenges That Could Derail Succession
The obstacles Peugeot, Kikkoman, Tata Group and other iconic global family firms learned to overcome. Chinese family firms are a force for change in China,...
Protecting Chinese Firms From Generational Friction
A good insight into some of the challenges facing family firms and the family dynamics that promote smooth transfer to the next generation. Forty years...
When Succession Skips A Generation In Family Firms
Hiring non-family executives helps ensure longevity, but it requires strategic finesse. Next-generational succession is one of the main challenges facing family businesses globally today. Owner-managers...
When Loyalty Becomes A Liability For Family Firms
For those involved in the management of the family firm beware that staying true to your roots can foster inertia when innovation is most necessary....
Owners Need To Step Back
Morten Bennedsen takes a look at family business longevity, some of the challenges and the need for owners to step back. Too much centralised control puts...
Family Business Longevity In Three Steps
Morten Bennedsen, INSEAD Professor of Economics and Political Science shares some lessons from the UK’s oldest privately owned bank, which has been in the same...