According to a PwC survey, around 751,000,000 family businesses in Brazil end up closing down when they are succeeded by heirs. Furthermore, almost 90% of Brazilian companies are family-owned. So what do you do in a scenario like this?<\/p>\n\n\n\n
Although it is obvious that succession planning is as fundamental to succession in family businesses as strategic planning, not all companies prepare for it.<\/p>\n\n\n\n
And this explains the absurd figures shown by the PwC survey regarding bankruptcies. <\/p>\n\n\n\n
The truth is that many family businesses face significant challenges even when planning and implementing the transition of leadership to the next generation.<\/p>\n\n\n\n
Among the main succession challenges are:<\/p>\n\n\n\n
In any case, the best way to overcome these challenges is to invest in external training and consultancy, which has a keen and neutral eye for the development of new leadership.<\/p>\n\n\n\n
Successful succession not only guarantees the continuity of the company, but also protects the family legacy. Involving experienced professionals and creating a structured succession plan are essential steps to avoid the common risks associated with this process.<\/p>\n\n\n\n
One example of success is the succession that is taking place in the Elian Group, with the eldest daughter of the couple who founded the company in Santa Catarina.<\/p>\n\n\n\n
The Group has undergone training The Five Behaviors<\/a><\/strong>He gave a detailed interview about the process. Watch now<\/strong>:<\/p>\n\n\n\n