Managing Director Redbank Advisors LLC Westerville, OH, United States
Description: Judgement or encouragement: balancing the challenges and emotions of preparing a business for the next generation of ownership places pressure on a family. As business owners, we want the next generation to be successful. It is difficult to determine where the line should be drawn between encouragement to succeed and making a final judgment whether the candidate has been successful and is ready to take on the leadership role. Join us as we discuss key success factors in business succession.
Classroom Engagement: Four very different family cases studies are presented that highlight the challenges of succession and the importance of navigation family culture to a successful succession. The presenter uses humorous anecdotes and questions to the audience to maintain interest and ensure participation. Further materials, including a white paper, will be made available to interested audience members.