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According to Deloitte, the next generation of family business leaders intend to make changes when they take over:
80% say their leadership style will be different compared to the previous generation
76% say innovation will be one of their top priorities
56% will change the family company's strategy and corporate governance
51% intend to take more risks than their predecessors, but in a more controlled way
Yet, despite the fact that 70% of family business owners want to pass their business on to the next generation, research suggests only 3% will operate beyond the fourth generation.
The miniscule chances of long-term success are largely due to the issues unique to family businesses, which are often wrapped in a tightly woven knot of unspoken plans.
In Disruptive Successor, business coach Jonathan Goldhill offers a proven framework and playbook for unwinding this knot, scaling up your business, or planning your exit.
According to Deloitte, the next generation of family business leaders intend to make changes when they take over:
80% say their leadership style will be different compared to the previous generation
76% say innovation will be one of their top priorities
56% will change the family company's strategy and corporate governance
51% intend to take more risks than their predecessors, but in a more controlled way
Yet, despite the fact that 70% of family business owners want to pass their business on to the next generation, research suggests only 3% will operate beyond the fourth generation.
The miniscule chances of long-term success are largely due to the issues unique to family businesses, which are often wrapped in a tightly woven knot of unspoken plans.
In Disruptive Successor, business coach Jonathan Goldhill offers a proven framework and playbook for unwinding this knot, scaling up your business, or planning your exit.
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