Sometimes, family-owned businesses find in their succession planning that family members lack the interest or passion to carry on the business operations.
In a recent interview by Sheri Welsh of The Welsh Wire podcast, Robert Stead, Michigan Managing Partner for Barnes & Thornburg of Grand Rapids, says, “We have a couple of choices, either we can sell this business and turn it over to somebody else, or we can find the next person to lead the organization and take it forward.”
The Welsh Wire features professional recruiting expert Sheri Welsh and moderator Mike Rogers. Listen in as leaders from a wide array of small to mid-size West Michigan companies weigh in and share their experiences and insights on a variety of business topics, including employee retention challenges and recruitment success stories.
