[03:35] Stephen’s Background – Stephen introduces himself and provides an overview of his current work.
[07:13] First Step – Stephen explains where to begin to ensure a seamless and successful family succession.
[11:31] Mindsets – Stephen talks about three critical mindsets for succession planning
[15:28] Personal Experience – Stephen shares his personal experience on his family business and how their transitions were handled.
[19:27] Succession Strategy – Stephen broadly describes the succession strategy for a family business.
[22:00] Challenges – Stephen explains overcoming various adversities during the succession process.
[26:30] Family Board – Stephen expresses his thoughts on the importance of having a family board.
[28:44] Five P’s – Stephen discusses the “five P’s” framework for navigating family business successions