I was speaking with a client today about why his succession has worked. He has been running his company for over 50 years and had rightly identified a number of years ago that he would not be here forever. What did he do? At the time of his self reflection, he understood that he was […]
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Having conversations around succession are difficult. It can feel like you are admitting to yourself about your own mortality, …to some entrepreneurs, a sign of weakness. Undoubtedly, the outcome and the benefits are exactly the opposite. A strong person can face the challenges and also face fears to open up the dialogue with the most […]
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Do you find your days filled with the minutiae of the moment? Each day of operating your business requires your personal attention and input on many of the decisions that have to be made. How can you find the time to plan, strategize and start your succession journey? Tough is it not? You can find […]
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It sometimes takes a fresh take on an old idea and a “new set of legs” to rejuvenate a business. This is a story of one family’s succession that really appears to have worked. See the video link below. http://video.nytimes.com/video/2011/06/07/dining/100000000853608/chinatowns-new-generation.html Learn, think, apply.
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We are all busy: business, social, philanthropy activities abound. Organizing family meetings can be a challenge, especially when the organizer is hoping to have 100% attendance. With this organizational challenge, oft times a lot of pressure is placed on ensuring a productive agenda. Maybe an agenda is not needed for every family meeting? Sometimes important […]
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