There Are Five Critical Succession Conversations That All Family-Business Owners, Including Entrepreneurs, Should Be Prepared To Have, Says Rochelle Clarke, Author, Founder And CEO.
The father and his wife had died and even though he had been preparing their daughter to take over the business, she wasn’t ready yet. It threw the entire business into disarray. And it made me stop and think because he had done everything ‘right’. He had identified a successor and ensured that she was being prepared but what he hadn’t planned for was his own mortality.
This story is from the May 2019 edition of The CEO Magazine - ANZ.
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This story is from the May 2019 edition of The CEO Magazine - ANZ.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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