Successfully onboarding the next generation and transitioning them into future leadership roles goes beyond succession planning to recognizing the value of new perspectives and matching roles to unique strengths.
Navigating leadership changes in a family-owned business can be a complicated endeavor, and with so many retailers in the convenience store industry operating a family-owned chain, the transition between family members is often inevitable.
Whether a c-store chain has been active through two generations, five generations or more, family ties coupled with a business relationship can be daunting.
Still, many businesses in the industry not only succeed, but thrive, under family leadership.
