In this episode i was inspired by a recent article i read that argued 30% of leaders in family run businesses will either retire or die in the next 7 years. What a sobering statistic. While i have reverance for the seriousness and heartbreak this will cause, i can't help but think that there are some very specific steps that can be taken to ensure that your business will be left in capable hands. This cast walks through a simple process to ensure that this happens. You may be thinking, I am an operational leader, this cast isn't relevant to me. Really, with over 90% of business wealth created by family owned businesses, there is a very high probability you work for a family run business, or that you will in your career. This cast will help you navigate the complexity of doing so.
Here is the article that inspired this cast
Mortality Retirement and Family Business
An important entrepreneurial book
I referenced Edwards Deming in the cast and one of his 14 points of quality. If you want to read more check this book out
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