BizSugar.com › Human Resources › Developing Leaders: The New Age of Family Business Management - Family Business Performance

Up to 42 percent of family-owned businesses have not chosen a successor for when the patriarch or matriarch leaves the business. Family business management plans should make purposeful investments in developing the next generation of leadership so that when the time comes, they are ready to take the helm. Today on the Family Business Performance blog, Coach Pete outlines 5 steps to get you started.