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HomeNewsOpinionOld rules of succession planning in business families don’t apply anymore

Old rules of succession planning in business families don’t apply anymore

Choosing a successor in an environment where market forces are ever changing is less about who can manage the business better and more about who can manage the unpredictable future better 

April 26, 2024 / 08:37 IST
With mortality rates of businesses up, even as their longevity is at an all-time low, business families now face higher risk of extinction by market forces than from inheritors quarrelling between themselves over the spoils
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