Succession is a challenge the world over and covers both the areas of management and ownership as well as the transition from one generation to the next which needs careful planning and consideration to minimise the potential affects.
The transition from one generation to the next is a delicate time for Family Businesses. Studies from across the world have highlighted the fact that...
In business there are few greater questions than what comes next. This is especially true in family companies, where work is always personal, despite what...
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,...
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...
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...
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...
