Family Business Succession: The Final Test of Greatness

by Drew S. Mendoza, Stephen L. McClure, John L. Ward

Helps to prepare for passing the family business on to the next generation. Leaders will learn how to create a succession plan; how to develop opportunities for succession candidates; how to build consensus with the family and leaders on succession plans and finally leaders will learn when and how to let go of their own role in the business.

102 pages, Paperback

First published September 1, 1992

Reviews

[Razvan Tataru · Rating 5 out of 5]

Full material for any person wishing to work in a family business! Helps both the current leader and following successor or any other family member working within the company. Highly relate to it and added key lessons for upcoming part of career in the family business!

[Jason · Rating 4 out of 5]

Nuts and Bolts

A nuts and bolts look at succession. I am reading it on behalf of a smaller organization that is in transition. This was helpful but was written primarily for medium to large businesses.

[Isabel · Rating 3 out of 5]

For anyone who works in a family business, being part of the family or not, this is a good book to read. Short and to the point it gives good insight into things that might seem obvious but for the same reason tend to be overlooked.

[Uppie · Rating 3 out of 5]

For anyone who has reason to ponder the succession of a family business, this is a great short starter book to get you thinking about "what if" and "what next".