Family Business Succession Strategies

Family Business Succession Resources for 21st. Century Family Business Success

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Entries Tagged as 'president'

Communication: Succeeding with Succession

April 9th, 2010 · No Comments · Family Succession Planning

The last thing you want to do is have a transition plan for your company that catches employees off guard. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les explains how communication is key to implementing new successes and how to include all stakeholders in this [...]

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Letting Go: Succeeding with Succession

March 4th, 2010 · No Comments · Family Succession Planning

A major priority of any successful succession plan is ensuring that power and authority are truly transferred. Making sure the first generation is comfortable with its own plan is the focus of this short excerpt from Succeeding with Succession – Expert Perspective by Les Banwart. Les has helped many family businesses deal with the challenges [...]

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Conflict: Succeeding with Succession

March 4th, 2010 · No Comments · Family Business Succession

Conflict can happen at all levels of a family-run business. In any work place there are areas for conflict to grow and the best way to handle it is by facilitating a discussion. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les digs into the benefits [...]

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Succession Planning for Family Businesses-Coffee and Candor

January 27th, 2010 · No Comments · Family Succession Planning

Participants at this coffee and candor will find out why it’s critical to include succession in long-term planning. The open discussion will touch on common succession issues, address key factors to consider in the planning process, and offer plenty of helpful insights for anyone who’s ready to get started. Your facilitator for the session [...]

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Value of Family Meetings: Succeeding with Succession

January 16th, 2010 · No Comments · Family Business Succession

A lot of business owners don’t want to think about the problems a family meeting can raise. An owner still needs to share how he wants his company to grow and transition to the next generation. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. How to [...]

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