Leadership transition is just as difficult as you'd expect
Leadership and ownership transition are much like an awkward dance, with both generations asking who should lead.
In real life, few family businesses formally prepare for transition, which causes the senior and younger generations to not be on the same page. Colliding interests, desires, and timelines can bring up sensitive issues of resistance to change, overconfidence, entitlement, and problems letting go. It seems these mixed signals come down to the younger generation's patience to stay and the senior generation's stubbornness to let go.
Parker Ellen and Charn McAllister, Assistant Professors from Northeastern University, will facilitate a discussion about how you can cultivate and develop leadership to ease the strains of transition.
Jocelyn Duffley, President of Hyannis Country Garden, will share how leadership growth and transition have evolved in her third-generation family business.
Program Schedule
- 7:30 AM – Breakfast and Networking
- 8:00 AM – Presentation
- 9:30 AM – Networking
Join us at the Residence Inn Needham.
