Succession

Lifecycle of a Generation Transfer: Life After the Transition

Our fourth and final installment of "Lifecycle of a Generational Transition: The Risks and Rewards of Getting it Right" will shift focus to life after the transition, guiding family enterprises on essential strategies to safeguard their legacy and maintain harmony across generations. Friday, November 15, 2024 1:00 PM ET

‘If you wait to have a hard conversation, it can be an even harder conversation’

Shanna Missett Nelson, CEO of Jazzercise in Carlsbad, Calif., talks growing the dance fitness company during COVID and maintaining a thick skin when working with family.

Lions in winter: How elders guide rising generations

If the younger generation is stepping up to new responsibilities, the elder generation must correspondingly step back.

Succession plans aren’t solo acts

Succession planning involves highly personal considerations for family business leaders, but the decisions they make often have a profound impact on many other members of their family and organization.

Beyond the exit: How to thrive after selling your business

Selling or exiting a business often marks the culmination of years of hard work, sacrifice and dedication. What comes after can be as challenging emotionally and psychologically as it is financially.