Description
Book 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.
Details
Are you a family business owner with dreams of passing the torch to the next generation? Don't let the grim statistics deter you - with the Secrets to Succession: The PIE Method to Transitioning Your Family Business book, you can ensure that your company not only survives, but thrives during the transition. Written by family business owner Gerard Gust, this book opens the door to the secrets of a successful succession.
In Secrets to Succession, Gust shares his own journey of navigating the blurred lines between parent and child, boss and employee, to create a harmonious transition. With almost two decades of experience in his family business, Gust developed the PIE method - a strategy that enhances the chances of a successful transition for both the exiting owner and successor.
With humour and honesty, Gust reflects on the challenges, setbacks, and ultimate achievements he encountered while implementing the PIE method. This book not only provides a deep understanding of family dynamics and succession processes, but also offers practical advice to help current owners and successors overcome the struggles unique to family businesses.
Don't miss out on this indispensable guide to the inner workings of a successful family business transition. Grab your copy of Secrets to Succession now and pave the way for a seamless journey towards passing on your family legacy.
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