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Family Business Succession Planning & Executive Search Blog
Video: The Stranberg Story | Family Business & CEO Succession
One of the most challenging aspects of leading a family-owned or founder-led organization is knowing when to pass the torch – and who to...
Apr 4
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Family Business Leadership Succession and the “Die at my Desk” Rule
If the phrase "I plan to die at my desk' is uttered by a family business leader, you need to stop and pay attention, because you've just stumbled upon a key risk we call the 'Die at my desk' rule. At the top of an org chart is a single accountable person who keeps an office, and in that office is a desk.
If the incumbent leader plans to die at that desk, you have a succession planning problem that has the potential to thwart even the best of plans.
The Family Business Innovation Conundrum: Why Second-Generation Leaders Struggle to Honor Their Parents' Greatest Strength
Your parents didn't succeed by preserving artifacts. They succeeded by being willing to make tough decisions and adapt to changing circumstances.
Case Study: Third-Generation Family Business Seamlessly Transitions Leadership to First Non-Family CEO
In 2021, a family business advisor asked members of the Leef family to name the date when they would be “doing something different from...
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