Management Succession Planning for Family Businesses

Transferring ownership from one generation to the next needs to include a process of educating the younger generation before the transfer. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les examines how this is handled in this short excerpt from Succeeding with Succession – Expert Perspective.

Duration : 0:2:27

Recommended Reading

• Management Succession Planning for Family Businesses
• Succession Planning for Family Businesses-Coffee and Candor
• Can you make my ‘experimental method’ more professional and fleshed out?
• Settlement and the ADR Process – Hull on Estates and Succession Planning #204
• Management Succession Planning Blueprint (ebook)

Technorati Tags: CEO, Change, family, Leadership, myaileron, owner, ownership, Planning, president, responsibility, Strategy, Succession, transition

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