Succession Planning

Leo Tolstoy begins Anna Karenina with the line: Happy families are all alike; every unhappy family is unhappy in its own way. Much the same can be said for successful multi-generational family businesses as well as family businesses that are unsuccessful in succession planning. Successful multi-generational family businesses are all alike; they follow certain tried and true succession planning best

Leo Tolstoy begins Anna Karenina with the line: “Happy families are all alike; every unhappy family is unhappy in its own way.” Much the same can be said for successful multi-generational family businesses as well as family businesses that are unsuccessful in succession planning. Successful multi-generational family businesses are all alike; they follow certain tried and true succession planning best practices, with a particular focus on family dynamics, to ensure that t

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