To build a Family Business Legacy requires the training and development of the next generation.
In a MassMutual survey of family businesses they found that 55% of CEO’s over 61 years of age did not have a successor selected and 30% of family owned companies are expected to change leadership within 5 years.
“Leadership and learning are indispensable to each other.”
John F. Kennedy
How are you developing the next generation of leadership in your family business?
Let us know what you have found successful and how you are preparing the next generation.