Abstract
Here, we are referring to management succession. Later, in Chapter 7, we address owner succession. A smooth succession won’t happen unless there is a willing, competent, and well-prepared successor or successor team. And it doesn’t make sense to wait until your children are young adults to think about their development as successors. While the process will intensify when they reach adulthood, it actually must begin when they are very young.
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© 2011 Family Business Consulting Group
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Aronoff, C.E., McClure, S.L., Ward, J.L. (2011). Developing Effective Successors. In: Family Business Succession. Family Business Leadership Series. Palgrave Macmillan, New York. https://doi.org/10.1007/978-1-137-51208-6_5
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DOI: https://doi.org/10.1007/978-1-137-51208-6_5
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-0-230-11100-4
Online ISBN: 978-1-137-51208-6
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