Navigating the emotional side of succession planning

Episode notes

In our 2nd episode, Natalie is joined by Russ Haworth, a Family Business Consultant and founder of the Family Business Partnership. Russ is also the host of the widely acclaimed Family Business podcast, which he launched in 2017 Natalie and Russ discuss the emotional and more personal side of succession planning - preparing the family. Russ explains how to break down emotional barriers so families can prepare themselves for the next stage of the business and the next stage of life. Succession is inevitable, but the success of the plan and ultimately the business hinders on the communication and honesty of all members of the family system. By creating a safe environment for both open discussions and (positive) conflict, Russ explains how he challenges thinking and beliefs so that families can design a succession plan that suits their long-term needs.

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