1. Family Business Succession Guide
... of families in a manner that is potentially sustainable across generations of the family or families" (Massis, Chua, and Chrisman). The transition of power from one generation to another is not an easy process. It is a complicated process because family businesses have several other issues that work against the successful continuation of the business. The main issues include generation transition ... a decision-making process. This includes identifying and establishing governance processes for involving family members in decision-making, establish a method for dispute solving, write a do...
- Word Count: 1366
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate