Managing the Challenge of Succession: Protecting Your Business, Your Wealth and Your Family

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MANAGING THE RISKS OF SUCCESS How to prevent and overcome the illnesses of business success, and how to manage negotiations within the family while avoiding family breakdowns and business disorder in times of success. How to ensure that wisdom and values are successfully passed on to the next generation. A concise and practical guide for those who wish to safeguard their family, their wealth and their business for generations to come. Through vivid illustrations and insightful text, this book conveys the hard-earned wisdom of those who built thriving empires and created the conditions that allow them – and their partners, both today and in the future – to endure and prosper in the face of success. This book introduces a new vision for leadership and for the intergenerational transfer of successful businesses – a vision rooted in a structured process built on dialogue, active listening, trust, and transparency. It offers a path to flexible and practical solutions, fostering partnerships by choice, cultivating shared agreements, and inspiring teamwork. It is a guide to building continuity with both wisdom and humility. "We wholeheartedly recommend that business owners, asset holders, their families, and their partners read this book and absorb the invaluable wisdom it offers – wisdom that can only be gained at the university of life" Ruti and Levi Kushnir, Founders of Home center and Auto center (isr).

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