You know how to run your own business, right? But do you know the secrets of scale and innovation to take the company to the next level?
According to Deloitte, the next generation of family business leaders intend to make changes when they take over:
80% say their leadership style will be different compared to the previous generation
76% say innovation will be one of their top priorities
56% will change the family company’s strategy and corporate governance
51% intend to change risk management strategy, taking more risks than their predecessors, but in a controlled way
Despite the fact that 70% of family business owners want to pass their business on to the next generation, research suggests that only 3% will operate beyond the fourth generation.
The minuscule chances of long-term success are largely due to the issues unique to family businesses, which are often wrapped in a tightly woven knot of unspoken plans.
Unlike other business books, in Disruptive Successor, business coach Jonathan Goldhill offers a proven framework and playbook for unwinding this knot of poor communication, scaling up your business, or planning your exit. One of the best leadership books of recent years for family business owners.
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JONATHAN GOLDHILL is a master coach and business strategist who specializes in guiding entrepreneurs and family business owners to scale up or exit their business. Jonathan left New York for California at age 20 after his family's large, privately-held men's apparel manufacturing company-started by his great-grandfather-sold to a conglomerate in its third generation of family ownership. Within ten years, Jonathan had established himself as the go-to expert for entrepreneurs looking to find their version of freedom. Today, Jonathan brings thirty years of experience to his work coaching, consulting, training, financing, and guiding entrepreneurial and family businesses.
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