Building a sustainable Family Business – A Leadership Challenge Family businesses contribute an estimated 70% to global GDP but statistics show that 65% of family wealth is lost by the second generation and 90% by the third generation. Most founders concentrate on what they know best—building the business. But, they sometimes fail to execute their succession […]
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Building a sustainable Family Business
NewsBuilding a sustainable Family Business – A Leadership Challenge Family businesses contribute an estimated 70% to global GDP but statistics show that 65% of family wealth is lost by the second generation and 90% by the third generation. Most founders concentrate on what they know best—building the business. But, they sometimes fail to execute their succession […]