Transitioning a family business to the next generation is more than a financial or operational shift—it’s an emotional and strategic journey. As a young family owner, how do you prepare to take the reins responsibly? As an exiting parent or family member, how do you transfer decades of experience while ensuring the next generation thrives on their own path?
For all involved, the goal is to create a business that is resilient and future-ready, while preserving its legacy. Building capacity in the next generation must start early, and sometimes, bringing in non-family executives is key to ensuring long-term success.
Key Discussion Points:
- Professionalizing your family-owned firm - what measures strengthen operations?
- Supporting leadership transitions - how to empower the next generation effectively.
- Establishing strong governance - ensuring structures are in place for lasting success.
- Insights from second-generation owners - real-world experiences in taking over the family business.
This session offers candid reflections from business owners who have successfully navigated succession planning, leadership handovers, and long-term sustainability.