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The Art of Succession Discussions

Written by Jane Halford, FCA, ICD.D There is a certain taboo that comes with leadership succession for family businesses. Passing the torch is a much more difficult conversation when your business and family are intrinsically linked. Often, the founder or current leading generation will intend to remain in control of the business for the foreseeableContinue reading “The Art of Succession Discussions”

Sharing Unspoken Knowledge

Knowledge transfer is a key element to the continued success of any organization, especially when it comes to leadership transitions. Explicit knowledge is easy enough to pass on to an incoming leader. Facts, processes, and procedures are tangible pieces of information that can be documented without a second thought. However, there is a second categoryContinue reading “Sharing Unspoken Knowledge”