Empowering the Next Generation of Leaders

The Legacy Series Engaging the Next Generation

Quinn Family

Foundation

SponsorsQuinn Family Foundation

“Empowering the Next Generation of Leaders: Learning from Long-Lived Family Enterprises”

Vanessa Diaz & Catherine Faherty

30%2nd generation

businesses survive

12%3rd or greater generation

businesses survive

The Phases of Learning Approach for Family Businesses

L1

Learn Business

L2

Learn Our Family Business

L4

Learn to Let Go

L3

Learn to Lead

Source: Moores & Barret, 2005

L1

Learn Business

L2

Learn Our Family Business

L4

Learn to Let Go

L3

Learn to Lead

OUTSIDE EXPERIENCE

EDUCATION

Source: Moores & Barret, 2005

L1

Learn Business

L2

Learn Our Family Business

L4

Learn to Let Go

L3

Learn to Lead

Source: Moores & Barret, 2005

CONTINUE DIFFERENTLY

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

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

+353 1 700 6921

Get involved with the DCU Centre for Family Business:

www.dcu.ie/centreforfamilybusiness

[email protected]

#[email protected]