NextGen Successors: Time to Step Up
One of the topics that comes up over and over again in the family business arena is that of the next generation and their preparedness to take over the reins.
Who has not heard at least one tale of a leader who is reluctant to let go, while claiming that the supposed successor is not yet seasoned enough to do the job. Many people will rightly point out that part of the leader’s job should have been to ensure that a successor would be ready, but they would be missing a big part of the picture.
May 4, 2014/by Steve Legler