The Use Of Assessments For Succession Planning In Family Owned Businesses

As family-owned businesses represent the lion’s share of companies in North America, their success from generation to generation is important to both them and the economy. Family-owned businesses have varied ways of deciding who will succeed an owner. This white paper discusses the use of cognitive and personality assessments to help identify the person with the most potential for success, as well as create a development roadmap to improve specific areas.