Stephen L. McClure Ph.D. is a principal of The Family Business Consulting Group, a multi-national firm based in Atlanta. Steve specializes in family communications and decision-making, succession planning and implementation, and governance & management in family firms. Steve states in a White Paper posted with The Network of Family Businesses that the tensions and conflict in families between the senior generation and the next generation need not be destructive and should be considered normal.
McClure’s White Paper states many family firms have found that they can survive much better as a family and utilize the resources of both generations if they focus on how two generations can collaborate together as opposed to one waiting for the other to leave. It is important for both generations to do the hard work of finding things to collaborate on as they move forward. What worked up to this point in time, will not work in the future.
The White Paper can be found at www.netfamilybusiness.com and an On-Line Educational Seminar on these issues and more is scheduled with McClure for October 19th at 11:00 AM EST. The On-Line Seminar is being sponsored and hosted by The Network of Family Businesses.
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