Continuity Model Generation

Ensuring business success across multiple generations of a family-owned enterprise can be a daunting task. Multiple functional areas must come together to form a cohesive and resilient model for the achievement of the company--and the family's--goals. In Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans, distinguished researcher, practitioner, and consultant Dr. Justin Craig delivers a comprehensive and timely exploration of time-tested and proven concepts used by successful family businesses to maintain and grow their wealth. This book is written for those who have strong strategic planning in place for their core business--but lack the same discipline in other, related activities or have been postponing hard discussions related to their estate, asset, and wealth plans. The author motivates and teaches readers how to discuss their aspirations with members of the current generation so they can help create pathways to success that enable them to contribute in a meaningful way. Easily digestible and actionable, Continuity Model Generation is built around four key pillars: the strategic plan, the wealth, estate, and asset plan, the talent development plan, and the governance plan. Each piece of these four independent but interlocking plans contributes to the maintenance, growth, and protection of family-run enterprises. The author focuses on ease of application and a straightforward approach in coaching the reader to focus on continuity, sustainability, and success. Perfect for business-owning families, their advisors, consultants, and other stakeholders, Continuity Model Generation also belongs in the libraries of first-generation entrepreneurs who seek to involve family members and successive generations in their enterprise.