Member Focus: May 2016

COVER STORY | Five Legacy Leaders Show Us How It's Done

For the next generation ready to lead a legacy business, the situation can be fraught with challenges. Their leadership transitions differ from the usual handover of power. Issues that arise must be resolved within the family—and within a business that is usually seen as an extension of that family.

Each of these manufacturers faced significant obstacles, and that just makes their immense achievements all the more inspiring.


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