Secrets to Succession

Gust, Gerard

ISBN 10: 1999546008 / ISBN 13: 9781999546007

Published by Gust Publishing, 2019

pp. 204. Seller Inventory # 26376130559

Synopsis:

Many owners of family businesses dream of passing the torch to their next generation, but only about thirty percent will realize that goal. In Secrets to Succession, family business owner Gerard Gust opens the door to reveal how he and his father dodged the grim statistics to make sure their company would survive the transition. The key was finding a way to lead, govern, and work together as the lines between parent and child, boss and employee, were blurred, stressed, and tested.After working in his family business for almost twenty years, Gust gained an in-depth look at the dynamics of family relationships and the succession process. That knowledge inspired him to develop a strategy called the PIE method that shows exiting owner and successor how to increase their chances of a successful transition. As Gust journeys through that process, from challenge and setback to achievement and success, he reflects on his own experience with humour and honesty. Throughout he offers practical advice to help current owners and successors navigate the struggles that family businesses face during a transition. Secrets to Succession is an indispensable guide to the inner workings of a successful family business transition from beginning to end.

Bibliographic Details

Title: Secrets to Succession
Publisher: Gust Publishing
Publication Date: 2019
Binding: Soft cover
Condition: New