Taking Over
Insider Tips from a Third-Generation CEO
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- $8.99
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- $8.99
Publisher Description
Third-generation CEO Mitchell Kaneff knows that when family businesses create and implement an effective strategy for handing over the reins, they enjoy a much higher success rate.
Mitchell always wanted to be a rock star – but when the family business faced especially trying times and its future was in jeopardy, Mitchell jumped in to help and became a CEO instead. Like many generational successions, his was fraught with uncertainty, anxiety, and conflict.
Confronted with entrenched family politics, emotional fallout, and difficult legal and financial issues, Mitchell was soon convinced there had to be a more effective – and less stressful – way to weather the transition storms that so often derail family businesses.
In Taking Over: Insider Tips from a Third-Generation CEO, Mitchell introduces a straightforward approach to succession planning that addresses the special, overwhelming challenges family-run companies face.
Drawing on his experiences, as well as those of other family business owners, Mitchell gives leaders, heirs apparent, and their families the tools and inspiration they need to overcome the turmoil of transition.
Taking Over will show you how to:
Tackle the complex emotional and psychological issues associated with the family business--before you take it over
Hire advisors to reduce tension and resolve family conflict--and then cut them loose
Begin preparing for your exit as soon as you enter the business
Choose the most competent successor in a measured, detached way--and relinquish control of the company graciously
Maintain financial stewardship and preserve family values to pass both wealth and traditions to the next generation
In Taking Over, Mitchell presents a fresh perspective and useful advice to help ease leadership transfer and preserve family legacies. Combining Mitchell's expertise with compelling anecdotes, this book is a must-read for anyone involved in a family business today.