Corporate & Others

Finding a Successor

Some of the challenges faced by these companies are similar to any other family business. Many of these businesses are closely held and have similar culture and mindset of family owned businesses. Loyalty and tenure is valued over competencies and skills to lead into the future. This comes into picture prominently when finding a successor for the CEO especially in deciding internal vs. external candidate. Layer beyond the executive team is mainly task oriented and may lack the business acumen and vision to take the organization into the next phase of growth. Many of these organizations lack clearly defined strategic plan that integrates leadership transition. While their focus may be on continuity they may lack plan for growth.

Planning for Retirement

Lack of planning for life beyond business is major mental barrier for outgoing generation. Work and business is all they know for many years. Finding purpose and joy beyond work is a journey.

Additional Clients We’ve Helped

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