The challenges facing family businesses when it comes to succession are wide and varied, some are timeless but others are exclusive to the technology and attitudes of the time.
We hear so much nowadays about disruptive technology, millennials having an 'entitlement' attitude and increased mobility of the workforce.
There are great examples of businesses embracing these challenges and adapting to them.
This article looks at some of these trends and why they are important to consider.
If you are a top-level business leader, it is imperative that you foster an environment where individuals can safely express emotions and discuss important topics.