In family business, focusing on the current leader is hazardous. Here are common issues with focusing on the current family enterprise leader.

Tim Denton TEP, SEO of the DIFC Private Banking office at Habib Bank AG Zurich and Chair of STEP Arabia, highlights the ...

Thailand's business magnate Charoen Sirivadhanabhakdi formally transfers control of key companies to his five children, ...

Did you watch HBO’s Succession with bated breath, anxiously awaiting the next drama-filled twist? While it was an ...

Yet many leaders wait too long to answer a critical question: What happens to the business when I step away? Succession planning isn’t just about a final chapter — it’s a strategic part of ...

Succession planning in the context of family owned or controlled businesses generally has two overarching concerns; first, who will manage the business, and second, how will ownership and control ...

A few weeks ago, I outlined the importance of making an exit plan—strategically mapping out a path to eventually leaving your business. There are many ways to exit a design firm, but one of the ...

Many advisors are retiring business owners themselves who may or may not be doing the succession planning they’re advising their clients to do. How does this issue extend to advisors?

Succession planning for the family business takes one of three main forms — selling, holding or transitioning the business." Transitioning the family business takes many forms. Advisers have multiple ...

It is a structured process that addresses three intersecting spheres—ownership, business, and family—while balancing diverse stakeholder interests. Effective succession planning requires a ...

A new acquisition, an expansion, a regulatory shift—running the business demands all his attention, and succession planning gets quietly pushed down the priority list. It is a pattern that ...

The process of a gradual transfer in ownership is called a “business succession plan.” The best business succession plans are individualized for each business and often facilitated by outside ...