Preparing for New Leadership from Outside the Family Business
November 14, 2016
Preparing for new leadership from outside the family is one of the most critical transitions a family enterprise may face. Failure to prepare appropriately for this transition can have a devasting impact on family dynamics and lead to a negative impact on business results. E.L.I. CEO Janice DiPietro and Human Capital Practice Leader Margarete Dupere address in a recent Family Business Magazine article four pivotal issues that family business owners and directors need to consider in determining whether the next leader should come from outside the family and how best to prepare for such a transition.