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Patriarchs who wonโ€™t give up control, uninterested next generation: Study finds poor succession at family-run businesses

๐Ÿ‘‘ Real-Life 'Succession' Is Going Terribly

Published by OOPSONLINE.IN ยท Source: Livemint ยท 1 min read ยท ยท Updated

๐Ÿคฏ OOPS SAYS

Turns out the real-life version of *Succession* has way fewer dramatic boardroom coups and way more patriarchs refusing to share the company Excel password.

What actually happened

A study of 474 Indian family-run companies finds patriarchs often retain operational control well past 60, leaving successors underprepared and creating risks for business continuity.

  • #business
  • #patriarchs
  • #give
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