Continuity Model Generation: Integrating Wealth, Strategy, Talent, And Governance Plans

There are several approaches that incumbent family business leaders can adapt and adopt to ensure they hold their mantle as the premier proponents of continuity and increase the chances of sustaining across generations, but the solution lies in the commitment to the development and implementation of four independent but interdependent plans. The Continuity Canvas is built around four fundamental plans: (1) the strategic plan, (2) the wealth, estate and asset plan, (3) the talent development plan, and (4) the governance plan. However, author Justin Craig believes that while it is important to have these four plans in place, there is also a need to have a plan for the plans. Craig's unique and in-depth look at each plan--and plan for the plans--will provide much needed accountability in the family, ownership, and business systems that make up the complex world that is the landscape for business owning families.