Succession planning is vital yet delicate for family businesses, impacting relationships and emotions alongside strategy. Exploring the intricacies of succession planning in family businesses, Beyond Succession delves into the sensitive balance between family dynamics and strategic decision-making.
In this episode, Mike Mack of X5 Management sits down with host and Bennett Jones Partner, Leah Tolton, to explore how succession dynamics create ripples across family and business relationships, influencing the enterprise's trajectory. We dive into the complex and nuanced interplay between succession planning, family ties, emotions and objectives.
Discover how thoughtful transitions and targeted coaching can both maximize leadership potential and foster family unity through organizational change.
