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next generation

March 1, 2004

By using the ‘four phases of succession’ a family business owner can pinpoint precisely where the business is and then smoothen the transition to the next generation. But the key is to take painstaking care during the early phases

Dennis T Jaffe is Professor at Saybrook Graduate School in San Francisco, author of Working With The Ones You Love and a founding member of the Aspen Family Business Group.

By using the 'four phases of succession' a family business owner can pinpoint precisely where the business is and then smoothen the transition to the next generation. But the key is to take painstaking care during the early phases

March 1, 2004

Opening their doors to a group of young UK, Dutch and Swedish family business members in November Bettys & Taylors of Harrogate shared their formula for success. During the one-day visit, moderated by Professor Randel Carlock (INSEAD), they revealed how the owners had made some radical changes in order to ensure long-term success and sustainability for the family and their enterprise.

Grant Gordon is Director General for the Institute for Family Business (UK).

Opening their doors to a group of young UK, Dutch and Swedish family business members in November Bettys & Taylors of Harrogate shared their formula for success. During the one-day visit, moderated by Professor Randel Carlock (INSEAD), they revealed how the owners had made some radical changes in order to ensure long-term success and sustainability for the family and their enterprise.

January 1, 2004

The road to succession can be fraught with obstacles but few are insurmountable. Success is a journey not a destination

Steve Don is CEO and President of Edward Don and Company, the world's leading food service distributor of equipment and supplies. The Don family has been a long-time member of the Loyola University Chicago Family Business Center, the US chapter of the FBN.

The road to succession can be fraught with obstacles but few are insurmountable. Success is a journey not a destination

January 1, 2004

I’ve always liked travelling, especially with my dad, Robert, who has been a member of the Family Business Network for several years and for whom this was his fourth world conference.

Rob Patterson is the son of Bob Patterson, one of the founding principals of the Virginia-based ASC Advisory Group.

January 1, 2004

The field of family business studies has begun to address the need for new approaches to preparing the next generation of qualified leaders and capable owners.

Elizabeth Florent-Treacy is research project manager, INSEAD Initiative for Family Enterprise, Fontainebleau France and Singapore. (The contribution of Michael Carlander and the Next Generation Working Group is gratefully acknowledged.)

September 1, 2003

In December 2002 the Daniels family were enjoying a rare Sunday dinner together.

In December 2002 the Daniels family were enjoying a rare Sunday dinner together. Jane (25) was home for the holidays from Stanford University where she was completing a PhD in history. As usual, the conversation turned towards Ridgeway Harley-Davidson, the business that was started by Joe Daniels (52) and his wife Anne (48). The business had done well over the years and Mark, their son (23) had joined the business full-time in 1998. But once again, as Joe watched his wife and son talk, he started to feel 'out of the loop'.

April 1, 2003

In the second of a two-part series on preparing the next generation for a career in the family business, Miguel A Gallo explains why experience and career training are so critical for a future in the family business

Miguel A Gallo is a professor at IESE Business School in Spain.

In the second of a two-part series on preparing the next generation for a career in the family business, Miguel A Gallo explains why experience and career training are so critical for a future in the family business

April 1, 2003

Family business successors face increasing pressures and new challenges as they step up to the fore in an unforgiving global business landscape. How can tomorrow’s leadership prepare for the role?

Melanie Stern is Section Editor of Families in Business magazine.

Family business successors face increasing pressures and new challenges as they step up to the fore in an unforgiving global business landscape. How can tomorrow's leadership prepare for the role?

April 1, 2003

In the late 1950s Harold Reynolds, as sole owner, founded a gravel and crushed stone business, County Gravel, Inc (“County”) that thrived during a highway construction boom.

In the late 1950s Harold Reynolds, as sole owner, founded a gravel and crushed stone business, County Gravel, Inc ("County") that thrived during a highway construction boom. Harold and his wife Gladys equally, as the Reynolds Limited Partnership ("the Partnership"), own the real estate where County conducts its active business. Gladys and Harold have three children: Bill (48), Cathy (44) and Ricky (42).

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