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Who's Next: Leading family-run firms through change, succession
Manage episode 478301436 series 2644842
Content provided by CBRE. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CBRE or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Each new generation brings opportunities and challenges to the workplace. Recorded live at ICSC Detroit, leaders from two Michigan-based real estate families, the Schostaks and the Friedmans, discuss the hard but necessary conversations and choices required to maintain a multi-generational enterprise.
Share these insights on succession planning in family-owned businesses:
· Succession Planning: Establish clear governance and involve family members in decision-making to ensure smooth leadership transitions.
· Leadership Transition: Transferring leadership to the next generation requires structured processes and clear roles.
· Family and Business Balance: Balance family dynamics with business operations, making necessary sacrifices for success.
· Adaptability: Evolve business models and diversify services to stay competitive.
· Economic Resilience: Maintain liquidity and seize opportunities during economic downturns.
253 episodes
Share
Manage episode 478301436 series 2644842
Content provided by CBRE. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CBRE or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Each new generation brings opportunities and challenges to the workplace. Recorded live at ICSC Detroit, leaders from two Michigan-based real estate families, the Schostaks and the Friedmans, discuss the hard but necessary conversations and choices required to maintain a multi-generational enterprise.
Share these insights on succession planning in family-owned businesses:
· Succession Planning: Establish clear governance and involve family members in decision-making to ensure smooth leadership transitions.
· Leadership Transition: Transferring leadership to the next generation requires structured processes and clear roles.
· Family and Business Balance: Balance family dynamics with business operations, making necessary sacrifices for success.
· Adaptability: Evolve business models and diversify services to stay competitive.
· Economic Resilience: Maintain liquidity and seize opportunities during economic downturns.
253 episodes
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Similar to The Weekly Take from CBRE
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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continue reading
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continue reading
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