The Panorama Of Succession

This publication provides a pedagogical guidance for family business owners to understand the True Meaning of Family Business and How to lead their family and firm towards an Infinite Journey of Longevity. As incumbents, they should not merely transfer ownership and inheritance to their successors, but more importantly Transgenerational Entrepreneurship potential in their succession process. It all begins with nurturing the next generations to produce transgenerational entrepreneurship value. The essential elements for transgenerational entrepreneurship are addressed and discussed in this book, with evidences from a number of experts and cases. Why do some incumbents succeed in nurturing their successors towards transgenerational entrepreneurship? And why do some fail? The rational perspectives and emotional aspects of the incumbents (parent) and the successors (child) are illuminated in this book to bring enlightenment for both generations that are struggling to connect and engage with each other to plan and establish a deep-rooted succession bridge.