Center for Private Business Owners
Succession is both a strategic process as well as a deeply personal journey for families and business owners. And we know that the future of every business depends on its people — most importantly, its next generation of leaders. In this issue of Successful Transitions, we provide insight into the vital skills, mindsets and succession strategies required to effectively cultivate your next generation of leaders, so your legacy endures for generations to come.
We share our book pick focused on helping families of wealth flourish. We also invite you to join our series of 2025 Succession Academy webinars. Details and registration links are below, along with a selection of insightful articles for this quarter.
Our Live Webinars
Our 2025 Succession Academy webinar series is underway. If you missed the first session on intra-family succession, you can watch the replay here. Please join us at our upcoming sessions, each held from 1 p.m. – 2:30 p.m. on the following dates:
- October 30: ESOPs & Partner and Management Succession
- November 20: Selling the Business
Articles
- Preparing the Next Generation of Leadership: Eight Critical Skills That Signal Readiness
- Succession is a Journey, Not a Plan
- Originally published in Family Business Magazine by our industry colleagues Stacy Allred, CFP and Dennis T. Jaffe, Ph.D., this piece complements our first article by furthering the discussion about developing new leaders and offers new insight regarding mindsets that owners can adopt to promote smooth transitions.
Book Club
Contact Us
We offer a broad scope of services designed specifically for private business owners. You can learn more by visiting the Center for Private Business Owners on our website.
Please also let us know about specific topics you would like us to cover in future issues of Successful Transitions by contacting either of us directly:
Stephen Prostano, CPA, JD, LLM
Partner-in-Charge, Center for Private Business Owners
PKF O’Connor Davies Family Office
sprostano@pkfod.com | 914.421.5615
Cynthia Adams Harrison, Ed. D., LICSW
Managing Director, Center for Private Business Owners
PKF O’Connor Davies Advisory Services
charrison@pkfod.com | 914.575.2744