To learn more about succession planning in general, we invite you to read any of the following books:
Generation to Generation: Life Cycles of the Family Business
Generation to Generation: Life Cycles of the Family Business summarizes the variety of stages that a family business will traverse together with the issues, conflicts, decisions and highlights that are part of the journey. Written by Kelin E. Gersick, Marion M. Hampton, John A. Davis and Ivan Lansberg, this book is an excellent reference tool for all entrepreneurs. To order a copy from Chapters Online, click on the book cover.
In The Blood
In The Blood by Gordon Pitts is an easy, real-life read for anybody who works in or for a family business. The book provides some real life stories of families and family businesses that have either succeeded or failed during the transition process. Gordon also provides a well-rounded and balanced look at the effort required when dealing with the many issues alive in a family business.
Once you have read Great Expectations and realized that you are not alone, you will appreciate that it is time to begin working on your business rather than in your business. In The Blood is a great next step and may be ordered directly from Chapters Online by clicking on the book cover.