Robert Kraft has Patriots succession plan in place

Robert Kraft has Patriots succession plan in place

While Robert Kraft scoffed at the notion he was getting old and had to pass the baton, the Patriots owner acknowledged a succession plan was in place.

The Silent Killer of Family Businesses: Ignoring Succession and Governance

By Prof. Enrique N. Soriano Part 2 In last week’s article, we uncovered the silent crisis threatening family businesses across Asia. The challenge isn’t competition or economic downturns but the absence of succession planning and governance structures. I shared the story of a multi-billion-dollar empire that collapsed due to leadership unpreparedness and family disputes. Unfortunately, this scenario plays out far too often in businesses where fo…

Family businesses are the foundation of the Slovenian economy, but more than half of them do not survive the transfer of ownership. Since it is a long and demanding process, professional support and state aid are indispensable.