Governance Bites #129: succession in family businesses, with Sandy Kimpton

04/12/2025 17 min Temporada 13 Episodio 9
Governance Bites #129: succession in family businesses, with Sandy Kimpton

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Episode Synopsis

Send us a textIn this episode of Governance Bites, Mark Banicevich sits down with family governance expert Sandy Kimpton to discuss a crucial topic: what is true intergenerational success?Discover why family governance is about more than just wealth management; it's about developing human capital and preserving your family’s legacy and values. Sandy explains the power of "operating with intentionality", providing practical steps to align family and business. Learn how a long-term family perspective differs from short-term business thinking  and why an independent voice on a family council is essential.Website: https://kimptonandco.co/Reference: Freakonomics episode #38, The Church of "Scionology", https://open.spotify.com/episode/1yKHPJ2mBeTqxMRIRYddb9https://freakonomics.com/2011/08/the-church-of-scionology-yuengling-beer-gallery/Succession can make or break a family legacy. In this episode of Governance Bites, Mark Banicevich sits down with expert Sandy Kimpton, who draws on 30 years of experience within family-owned enterprises.They tackle the tough questions: What makes succession in family firms so different? When should you start planning? And how do you manage the tension between family expectations and business needs? Discover why clear communication is essential  and learn the one piece of advice that could save your business: “the family business is not the family nursery”.#FamilyBusiness, #SuccessionPlanning, #Governance, #Leadership, #BusinessSuccession, #NextGeneration, #CorporateGovernance, #BoardOfDirectors, #FamilyLegacy, #BusinessStrategy, #Entrepreneurship, #GovernanceBites

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