How to discuss succession when family expectations collide
Discuss family-business succession by separating family hopes, role requirements, and evidence of readiness.
From the journal
Discuss family-business succession by separating family hopes, role requirements, and evidence of readiness.
Push back on an unsupported growth expectation by making the resource assumptions and operating consequences visible.
Separate family relationships from business authority through role-based decisions, meetings, and escalation routes.
Address co-founder disagreement about company direction through a shared assumptions review and a bounded test where feasible.
Discuss unequal co-founder effort through visible commitments, work requirements, and each person’s account of contribution.
After a partner breaks an important promise, verify the obligation and consequence before expanding further commitments.