Publications
Publications
  • October 25, 2023
  • Article
  • Harvard Business Review (website)

How to Bring an Outside CEO into the Family Business

By: Christina R. Wing and Rohit K. Gera
  • Format:Electronic
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Abstract

One of the challenges for a family-owned business is the transition to a non-family member as CEO — a transition most multigenerational businesses eventually face. Onboarding the new CEO is one piece of this challenge. To help make the onboarding successful, use a five-step process, consisting of one-month stages: learn, listen, observe, own, and evaluate.

Keywords

Family Ownership; Management Succession; Transition

Citation

Wing, Christina R., and Rohit K. Gera. "How to Bring an Outside CEO into the Family Business." Harvard Business Review (website) (October 25, 2023).

About The Author

Christina R. Wing

Technology and Operations Management
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