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Does China Face a Family-Owned Business Succession Crisis?

May 23, 2018 By Allen Young

The first wave of Chinese entrepreneurs are now in their 70s and 80s and it’s time to hand over the family business to their children. But in many cases it may not happen. With greater opportunities and a more international worldview, the younger generation has their own plans. Will this lead China to a business succession crisis?

Filed Under: All Articles, Chinese Economy, Entrepreneurship Tagged With: Family Business, Succession Planning Series

The Secret to Keeping a Family Business Intact Across Generations

November 25, 2015 By Neelima Mahajan

Many family businesses don’t last beyond the third generation. As someone wisely put it: “Of shirt sleeves to shirt sleeves in three generations”, or wealth gained in one generation will be lost by the third. Yet the Pitcairn family business stands out in sharp contrast to this morose trend. The business has been going strong for more than 100 years and spans five generations and 650 family members. How has the Pitcairn family managed to keep business and ownership separate? How do they keep the family happy and the business well run? Pitcairn Company Chairman Dirk Junge shares some valuable lessons from the Pitcairn experience.

Filed Under: All Articles, Best Practice, Conversations, Q&A, Videos Tagged With: Family Business

Family Business Succession Planning in China

February 23, 2015 By Bennett Voyles

Family business succession planning is always tricky. In China it is also fraught with cultural complexities.

Filed Under: All Articles, Best Practice, Entrepreneurship, Management, Talent Tagged With: Entrepreneurship, Family Business, Management, Slider, Succession Planning Series

The Contentious Issue of Succession Planning in Family Business

February 17, 2015 By Bennett Voyles

Succession planning in family business is often the cause of much stress. Are there ways of making the transition smooth while mitigating the risks involved?

Filed Under: All Articles, Best Practice, Management, Talent Tagged With: Decision-making, Family Business, Human Resources, Leadership, Retirement, Slider, Succession Planning Series

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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