News you should not miss

There have always been sig­nif­i­cant chal­lenges asso­ci­at­ed with inter-gen­er­a­tional suc­ces­sion, with the major­i­ty of fam­i­ly busi­ness­es not being able to suc­ceed in the next gen­er­a­tion. The chal­lenge has esca­lat­ed in recent times due to the grow­ing mind­set dif­fer­en­tial between the old­er, expe­ri­enced com­mu­ni­ty of busi­ness own­ers, who hold decades of insti­tu­tion­al knowl­edge, and the new, up and com­ing pipeline of young lead­ers. Men­tor­ing might pro­vide an answer to this dilemma.