Leadership

Succession Planning: 5 Steps To Transition Your Business Without Panic
Published on 2024-05-08 by Alexander Tuff

If you are a business owner stuck between the excitement of sunny winters in paradise and complete dread over the issues your retirement will have on your company, you are not alone.However, it's crucial to address this issue sooner rather than later.Despite the complexities involved, implementing a succession plan can...

How To Overcome Challenges In Leading Intergenerational Teams
Published on 2022-11-09 by SMU Lee Kong Chian School of Business Social Media Team

As digital disruption transforms industries globally, organisations are hiring younger digital natives who could hasten their technological shift. The modern workforce is witnessing the rise of millennial executives managing older colleagues, or business leaders navigating tensions between various generations within a team.According to a recent survey by automation tool Zapier,...

Plan a Smooth Succession for Your Family Business
Published on 2022-10-14 by Amy Castoro and Fred Krawchuk

Photo by Thinkstock/Getty ImagesSummary: A central concern of family business leaders is assessing the readiness of the next generation to take over the business. This is critical, because research shows that 25% of failed transitions occur due to a lack of a prepared heir. Taking time to co-design what readiness...

It’s time to challenge the status quo at family businesses
Published on 2022-07-22 by Peter Englisch

For those fortunate enough to be born into a family that operates a successful family business, it often feels like walking a predetermined path. The goal is clear: to take over from the previous generation, add value to the enterprise, and pass it on to the next generation. More often...

Clubhouse Discussion - Unleash Your Potential
Published on 2022-07-11 by NextGen

Mei:We need more speakers to help motivate us all.  I know I need that. How are things at your end?Xavier:To be honest, I think that there are three things in Singapore that are not so bad. Compared to other countries, about 80 percent of the people here are vaccinated. So...