The transition from entrepreneurship to partnership with siblings, to partnership with cousins should occur with trusting, timing, and coordinating hand-offs. When transitions work, the company can find another home run for continued growth while enjoying continuity and movement, as in the Quandt family of BMW. This is the paradox of unity and fragmentation in the evolution of family business
top of page
Family Business Labs
"The Successor's Paradox"
bottom of page