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The Elephant in the Room and Next-Gen Sandwich

The Mack Podcast

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Navigating Family Dynamics in Business

This chapter explores the 'next gen sandwich' concept, highlighting the complexities of multi-generational family businesses as older and younger generations work together. It addresses the challenges of succession planning and governance, emphasizing the importance of structured communication to navigate difficult conversations. Using case studies, it illustrates how minor discussions can lead to vital planning for future leadership roles and operational excellence.

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