KenyanLyrics wrote:digitek1 wrote:succession planning is the only way. delink family from management kabisa
Just leave them as common stock shareholders and nothing more. Wacha MBAs to run that thing. Rule number 1 of business is not to work with people you love.
Agreed,actually I think it is the leadership structure that has problems.It's more than succession planning.
They need to be evaluated against the OPI index for leadership, actually all family owned businesses should if they want to move forward.
If you knew that candlelight is fire then the meal was cooked a long time ago.