Continuity & Legacy: Empowering Family Businesses through Succession and Next Generation Strategies
Scotland has a wealth of successful family businesses who have a rich heritage. This can pose challenges in terms of balancing the preservation of legacy with the need for innovation and adaptability in the modern business landscape. Effective succession planning requires careful preparation such as identifying and training the next generation of leaders and ensuring a smooth transition of ownership and management. Lack of preparedness can lead to disruptions and conflicts within the business. Establishing clear roles, responsibilities, and policies can help ensure transparency, accountability, and the long-term success of the business.
Our business breakfast welcomed leaders from across the Scottish Family Business sector to discuss their experiences and challenges in moving their companies forward for sustained growth and success, securing the future of the business.
This event has now taken place. Contact us to be added to the mailing list for future events events@newsquestscotlandevents.com.
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