Empowering the Next Generation of Leaders
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Transcript of Empowering the Next Generation of Leaders
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The Legacy Series Engaging the Next Generation
Quinn Family
Foundation
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SponsorsQuinn Family Foundation
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“Empowering the Next Generation of Leaders: Learning from Long-Lived Family Enterprises”
Vanessa Diaz & Catherine Faherty
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30%2nd generation
businesses survive
12%3rd or greater generation
businesses survive
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The Phases of Learning Approach for Family Businesses
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L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
Source: Moores & Barret, 2005
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L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
OUTSIDE EXPERIENCE
EDUCATION
Source: Moores & Barret, 2005
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L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
Source: Moores & Barret, 2005
CONTINUE DIFFERENTLY
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L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
FAMILY ASSEMBLY
FAMILY COUNCIL
Source: Moores & Barret, 2005
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L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
1- RETIREMENT TIMELINE
2- MANAGEMENT SYSTEMS
Source: Moores & Barret, 2005
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+353 1 700 6921
Get involved with the DCU Centre for Family Business:
www.dcu.ie/centreforfamilybusiness