Session A1 – Your Family Business: Understanding Generational Perspectives to Successfully Navigate your Transition
Transitioning a family business can be a complicated process, with many issues to address and dynamics to overcome. It can be a minefield of unforeseen obstacles and challenges. In fact, for the first time in history, there could be up to four (4) different generations in the workplace at the same time! In this session, the speaker will help bring order to chaos by providing tools and perspectives to successfully navigate your family business transition. Is an intergenerational transition right for your business or would a management buyout or a sale to a third party be a better route? The speaker will help owners uncover the best options in light of individual circumstances. Examples of real life situations will be highlighted to illustrate what business owners and their families have done to effectively prepare for the biggest transition of their lives.
This session runs at the same time as Session A2.