Wendy Dickinson, Catalytic Conversation$ IBGR.Network - PROFIT Radio. Everything a business owner needs to start, grow or exit a business. GROW WITH US. Introduction: We kick off season 4 with a look at family business. Creating a family legacy is hard work. Fewer than 20% of businesses make it to the fourth generation. Why is that? What contributes to the failures from one generation to the next. A favorite resource is the PWC Family Business Survey series. Today was take a look at the challenges for those in power to prepare the next generation for leadership. Using the PWC Global Next Generation Survey from 2019, we will start off with a few discussion points:
You, and your family, have dedicated significant resources to building the minds and confidence of your Next Gens. But, are you willing to take this a step further – actually several steps further? By designing a succession plan? By creating a list of company needs that you present to the Next Gen to explore fit? It takes courage and patience to hold the space for the growth and development of the Next Gen. Identify learning and experience goals that your Next Gen leaders can use to fill their knowledge and experience gaps. SHOW OBJECTIVES: THE WHY
KEY ISSUES: Problems You May Encounter:
What You Need To Know - THE WHAT:
What You Need To Do - THE HOW:
Resources:
You can connect with Wendy Dickinson on FB, LinkedIn, and Instagram. E3.01.4NA
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