family business succession planning
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A leader's tacit knowledge can make the company more successful, but it's a challenge to understand what's behind it or how to pass it down to next-gens. A family business leader's instinct -- often Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Meghan Lynch
An unexpected death or disability can wreak havoc on a family business's best-laid plans. Patricia Annino, a Senior Advisor and Associate Partner at Cambridge Family Enterprise Group, has seen many Read More...
Category: Commentary
Author: Kimberly Eddleston
Interviewee: Patricia Annino
When decisions become emotionally charged, it becomes harder to think clearly just when clear thinking is needed most. A family business leader said to me recently, “We need to make a decision, but Read More...
Category: Practice Insight
Author: Paul Edelman
The challenge during succession is that not every inherited element deserves to be preserved. But not every piece of the legacy is safe to disrupt, either. One of the most common mistakes in family Read More...
Category: Commentary
Authors: Meghan Lynch and Mat Hughes
AI can speed analysis and recommendations, but it cannot build trust or regulate conflict. Here's why Brain Capital -- judgment, resilience, and governance maturity -- will determine whether family Read More...
Category: Practice Insight
Author: Doug Gray, PhD
Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Many family firms think about succession when Read More...
Category: Research Insight
Authors: John Cater , Roland Kidwell , Megan Harper and Marilyn Young
Unrealistic depictions of the sacrifices and tradeoffs of family business leadership -- streamed repeatedly -- can color younger people’s attitudes towards taking the helm. Popular TV dramas like Read More...
Category: Commentary
Author: Sara E. Miller
As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes Read More...
Category: Practice Insight
Author: Meghan Lynch
When families treat readiness as something they cultivate together, succession feels less like a loss and more like a natural next step. Leadership becomes a capacity shared across generations rather Read More...
Category: Applied and Practice
Author: Paul Edelman
Succession is not a single choice -- It is a chain of choices that interlock and compound. Avoiding any one of them will create friction or ambiguity. Succession is the defining challenge of the Read More...
Category: Applied and Practice
Author: David Deeds