How to Overcome the Curses of a "Control Freak" Culture
A thorough succession plan addresses the organizational and family issues that can impact the continued success of the business through the next generation of owners and managers. A control freak at the helm significantly complicates two components of the Succession Matrix: successor identification and development and management teamwork and synergy. Notably, the control freak represents a barrier to the development of successors and supporting managers who have the confidence and competence to operate the business when the control freak inevitably loses his/her physical or mental ability to drive the business. To read the end of this blog, click here. Labels: business succession planning, family business succession planning, successor development |
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