The Family Business Parallel Universe __full__ Page

In the corporate world, succession is a pipeline. In the family universe, succession is a knife fight in a phone booth.

Rather than viewing the family and the business as separate entities, this approach acknowledges they exist in a "parallel" state where decisions in one directly impact the other. Core Concepts of the Parallel Planning Process The most authoritative text on this subject is Strategic Planning for the Family Business the family business parallel universe

Living in this universe is a curse. You carry the weight of your ancestors. You cannot quit without severing a bloodline. You work Christmas Eve. In the corporate world, succession is a pipeline

The first time Leo walked into the back office of Marchetti & Sons Fine Shoes , he was twenty-two, freshly expelled from business school, and clutching a resume he’d written on a napkin. His father, Sal, didn’t look up from the ledgers. Core Concepts of the Parallel Planning Process The