Succession Planning In Family-Owned Businesses

We have experience and expertise in successfully managing Succession Planning In Family-Owned Businesses

Area of Expertise

  • Research by Cornell Economist, Robert Avery suggests that 70% of family-owned businesses (FOB) fail before reaching the 2nd generation, 88% fail before reaching the 3rd generation and only 3% of FOB operate at the 4th generation and beyond.
  • Given the huge risks involved, succession planning in family-owned businesses cannot be left to CHANCE, and well-thought-out, research-based CHOICES have to be timely made for the high profitability and sustainability of the business.
  • Our rich hands-on experience and publication suggest that six factors contribute to effective succession planning in family-owned businesses.
  • The video & the model below shares the approach we carry out for developing succession planning in family-owned businesses
  • This video shares the well-researched and impactful approach followed by Hyperspace Action Research Services for Succession Planning in Family-Owned Businesses.
  • This right mix of Knowledge and Experience (Gyan and Karma Yoga) results in positive outcomes.
  • Investments on developing effective succession planning are very meagre as compared to the benefits derived from business sustainability.
  • Link to the research publications for carrying out impactful succession planning and leadership development are:
Systemic Development of Leadership: Action Research in an Indian Manufacturing Organisation | SpringerLink

Lorem ipsum dolor sit amet, consectetur adipiscing elit.


Donec mauris arcu, congue a magna non, tempor magna.


Fusce ante lectus, volutpat vitae euismod nec, ultrice neque.

    Hyperspace Action Research Services partners with business leaders in making organizations effective (sustained profitability as well as well-being of employees) by employing rich experience and deep scholarship, thereby increasing the probability of success.
    Gurgaon, Haryana, India
    +91 81300 70950