How and Why Having Difficult Conversations Matter with Maryann G. Bell
Succession planning is perhaps the most difficult of the many difficult conversations a family in business will have to have. It involves tough decisions over who is worthy or unworthy of succeeding, self-reflection on mortality and the always-thorny topic of money. In this interview with the Disruptive Successor podcast, Wingspan Partner Maryann Bell discusses how to navigate succession planning in a careful yet impactful way.
“Succession planning involves delicate discussions about authority, ownership, and financial matters, crucial for the sustainability of family businesses,” Maryann says. “Clarity is kindness when it comes to addressing difficult topics within family businesses.” Crucially, these conversations need to be transparent and up-front; no hidden agreements or secrets within the family.
Listen to Maryann’s full interview by clicking HERE.
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