Six guidelines for family businesses worried about succession
Wednesday, June 24th, 2009
Family business leaders looking for a smooth transition to the next generation can start planning today with six guidelines outlined in an ongoing study from Thunderbird’s Walker Center for Global Entrepreneurship in Glendale, Ariz. “Silence or denial of the succession challenge is not the answer,” said Thunderbird Professor Ernesto Poza, co-author of the study prepared for the Dubai International Financial Centre in the United Arab Emirates.
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By Steven Stralser, Thunderbird professor