Preserving the legacy of a family business takes what the Kellogg School of Management at Northwestern University (TAG) calls “multigenerational resilience.” It requires cultivating emotional ties to the business, diligently planning leadership transitions, ensuring timely leadership handoffs, and maintaining a spirit of innovation from generation to generation. https://bit.ly/3wILiqc Read the article for more tips, and don’t miss our latest case study, which illustrates how five Perkins business units came together to help a multigenerational family business navigate a complex transition and ensure success for future generations. https://bit.ly/48R5mEo #FamilyBusiness #LegacyPlanning #SuccessionPlanning #BusinessTransition
