Bill Stranberg

In family businesses, compensation is often the topic everyone avoids for fear it will spark conflict among family members and employees. In practice, the opposite is usually true. Getting clear about how and why people are paid usually relieves pressure rather than creating it. The families that struggle are the ones operating without a policy.

AIN Media Group needed to find someone who could lead them through the most significant transformation in its history, earn the trust of a family that had built everything from scratch, and stay long enough to actually see it through.

A new Deloitte survey puts numbers on a succession readiness problem we see every day. Here's what the data means, and what family business leaders should do about it.