Running a business requires resiliency and adaptability. It’s how to survive economic downturns, uncertainty and competition. When my great-grandfather Odin Stenehjem started the bank in 1910, he ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business transition planning and leadership succession ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Succession planning is essential for business owners, art collectors, and ...

At 55, owners are often in a stronger position to adapt, lead change, shape the firm's future and participate in a transition ...

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

Several TV series have dramatically portrayed succession. In “Game of Thrones,” it is often violent and bloody. In “Succession,” it is full of plot twists and drama. In “The Founder,” there is so much ...

The co-CEO model offers benefits like improved decision-making and leadership stability but also presents challenges such as potential conflicts and miscommunication. Success in a co-CEO structure ...

CEO Adam Foroughi will remain in his role while continuing to serve on the board. The company is promoting senior leaders from within as part of its succession strategy. The leadership changes reflect ...