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  1. 15 Μαΐ 2020 · By clearly communicating family succession intentions, developing strong relational bonds, and proving the fitness of next generation leaders, family firms can achieve buy-in from their...

  2. 13 Σεπ 2022 · Families must bolster the participation of the next generation by giving them more autonomy, embedding high-trust behaviors, and adhering to clear standards of readiness. When done...

  3. 12 Σεπ 2022 · In answering this question, families often default to one extreme or another: giving the next generation special treatment that doesn’t hold them accountable to the same standards as other...

  4. Planning for sustainability has significant implications for family businesses because it changes the nature of internal family relationships. Support agencies need to innovate in terms of their services.

  5. 27 Ιουν 2017 · Family business succession planning. Facilitating sustainable success. Developing an effective succession plan is an essential part of ensuring the long-term success of any family business and the preservation and maintenance of family wealth. Print. Download. 23 KB PDF.

  6. Family business succession planning is an art in itself. A smooth transition to the next generation requires planning far ahead of time to ensure you've selected the right candidates and can thoroughly vet and prepare your successors.

  7. 2 Ιουν 2021 · Succession planning is an important way for family businesses to lay a solid foundation for their path forward. Many families use it as an opportunity to identify new ways for the business to evolve and grow.