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Set 2. Management Succession
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Client D
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Issue:
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Selection of successor |
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Resolution:
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Assisted family and business in evaluating ability of family members to succeed founder. Analyzed industry trends, family business opportunities, family desires and matched with abilities of family members interested in position. |
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Client E
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Issue:
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Aging founder reluctant to allow successor to manage business |
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Resolution:
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Provided forum for both to express concerns and established guidelines for decisions that owner can make and those that are the successor's. |
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Client F
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Issue:
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Sibling owners not employed in business questioned strategic decision of sibling president. |
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Resolution:
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Assisted family owners to recognize family values and family desires. Helped family use these to establish company's strategic plans. |
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