Universal challenges in leading succession and transition processes
Listen to Cesareo Frias, entrepreneur and family business advisor in Nuevo Leon, Mexico, share his perspectives of some of the universal challenges when dealing with transition from one generation to the next. When considering to integrate the rising generation, it is important for them to gain experience at the ground level, to ensure that they are ultimately able to manage a higher level position. In a family business, thorough succession planning is extremely important for the long-term well being of the family business.
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