A good insight into preparing for transition from one generation to the next and understanding the gaps that exist between the elder and the younger generations.

Succession is not easy and nor should it be as there is a lot at stake, but communication and planning can help to increase the chances of success in the longer term.  Engaging with the next generation  over a period of time prior to the event can also foster the right environment in which they can flourish with a solid understanding of the business, value and the way forward too.