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Monthly Archives: October 2017

How to Execute a Smooth Succession

In my recent article – “Sabotaging Your Succession” – I talked about the major roadblocks that keep CEOs of family-owned businesses from overseeing a smooth transition of power, including lack of trust, a clash of visions and the inability to let go. A smooth succession requires, first and foremost, the ability to be honest with yourself about your goals and desires for both your business and your life after retirement. Once you have a clear and honest vision established, it’s time to implement a … Read More >

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