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Family Business Advisory

Maeil Business Newspaper – Principles Of the Essence in Family Business Succession

As third-generation succession begins at South Korea’s Chaebols, leadership succession is the most critical task the owner family faces. Yet virtually none of the Chaebols seem to have established a way or know of a best practice to provide them guidance. The article “Principles of the essence in family business succession” published in Maeil Business Newspaper on 3 November, 2017 outlines five steps world’s leading family businesses have sought for success based on research conducted by Egon Zehnder and what implications this has for the Chaebols.

Original Story: “Principles Of the Essence in Family Business Succession” (Korean) in Maeil Business Newspaper (3 November 2017).

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