Published January 1st, 2020

Succession Stories: Sticky Baton Syndrome

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Many family business owners regard themselves as being one in a long line of owners where the baton is passed forward between generations. Similar to a relay race when the baton is passed on from one runner to the next. Unlike relay races, there is no pre-decided finish line when it comes to a family business. The owner who is holding the ‘baton’ must do their best to take care and improve the company before passing the baton forward to the next generation.

In this series of case studies, SUFABU looks at how sticky baton syndrome can be potentially damaging to the family business.