Succession is not about who sits in the corner office. It’s about the survival of the business as an economic entity. That means the incoming leader must first attain a body of critical knowledge, and that takes time. The process of succession should begin long before the current leader’s retirement party is scheduled – a …
When a Family Member Asks for a Job…
In March 2011, I spoke at a seminar in South Africa held by global audit, tax and advisory company Mazars, where I talked about the business of hiring family members. It goes without saying that every owner of a family business faces the issue of whether to hire particular family members throughout the years. If …
Follow Us