Buffett had Gates. Oprah had Maya. Dylan had Guthrie. Behind every great leader is someone who believed in them—and showed them the way.
So who’s doing that in your family business?
Many families plan to pass the torch to the next generation, but few have a clear plan for how to prepare them. If leadership is part of your legacy, this article offers six smart, practical ways to mentor rising leaders.
The first step is to assess your successor’s capabilities. What are their natural strengths? Where do they need to grow? A strong mentoring plan starts with an honest assessment and a willingness to invest in personalized development.
The next step is often overlooked, but just as important: require outside work experience, which helps to build credibility.
There are four more mentoring strategies. You can read about them in “Mentoring the Next Generation.” Because succession isn’t just about who takes over. It’s about how they grow into the role—and who helps them get there.
Read about the six strategies to mentor the Next Gen in leadership here.
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