When building your management succession "survival kit,"
A) never assume your children want to take control of the business.
B) keep your succession choice a secret to avoid conflict among other family members.
C) remember that entrepreneurial skills and desire are largely hereditary.
D) you may assume your children want to take control of the business.

Question

Quizplus · Accepted Answer

It is important to not make assumptions about whether or not your children want to take over the business. It is essential to have an open and honest conversation with them to determine their interest and willingness to take on the responsibility.

When Building Your Management Succession "Survival Kit