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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, 2025
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Do You Need a Search Firm If You Have Internal Candidates In Your Family Business? The Answer is Yes. Here's Why.
When you work with a search firm, despite having internal candidates, you're not paying for candidates. You're investing in process.
The importance lies in ensuring that people already in your system meet the same standards and are evaluated as rigorously as any external candidate would be. There's also a deeper layer to consider, particularly for family companies with internal candidates: addressing questions about bias.


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...


How Family Businesses Can Structure Executive Compensation to Protect Both Profitability and Socio-Emotional Wealth
Family businesses face a compensation challenge that corporate enterprises don’t encounter: how to structure executive pay that rewards both financial performance and preservation of family values.
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