Spotlight on leadership in changing times

Metin Mitchell - Managing Partner

Family business


When should family businesses bring in external chief executives?
Wednesday, 19 September 2018 11:18

When should family businesses bring in external chief executives?

Written by Metin Mitchell

There is a well known saying, ‘Shirtsleeves to shirtsleeves in three generations’ – meaning that family businesses often create and lose their wealth in three generations.  Worldwide, only one in three family businesses successfully makes it to the next generation.

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