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The language you use when talking to older family leaders is important

The language you use when talking to older family leaders is important
When conversing with long term family leaders you need to be aware of the expressions and language you use. I have compiled the attached chart to highlight some of the terminology used in 2018 that might not resonate with baby boomer founders.
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I keep coming across families in business who do not have a succession strategy or plan

I keep coming across families in business who do not have a succession strategy or plan
You cannot deny the published research. Nearly 70% of families in business do not have a succession plan for the next generation. Many family business leaders have never had a conversation regarding succession with their children. Without the conversations taking place confusion and emotions will hinder a smooth transition.
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