Entitlement and Succession: The Key is Communication
with Phil Clemens, Chairman, Clemens Family Corporation
Communications in family businesses are often tough. We generally go to extremes – we tell way too much or we say nothing. This is especially true when it comes to two critical subjects – Succession and Entitlements.
With Succession a lot is assumed by the Nxt Generation – and most times it is wrong. The same is true with Entitlements. In most cases, the younger generation assumes they are entitled to many things, one of which is to be the next leader of the business.
Webinar: Thursday, April 16, 2015
11:00 AM - 12:00 PM EST