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      Chapter

      Challenges for the Next Generation
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      Chapter

      Challenges for the Next Generation

      DOI link for Challenges for the Next Generation

      Challenges for the Next Generation book

      Challenges for the Next Generation

      DOI link for Challenges for the Next Generation

      Challenges for the Next Generation book

      ByLouis Cauffman
      BookDeveloping and Sustaining a Successful Family Business

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      Edition 1st Edition
      First Published 2022
      Imprint Routledge
      Pages 7
      eBook ISBN 9781003194200
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      ABSTRACT

      An important solution-focused tool, Formula P, helps one to reframe every problem as a wish for change that, with the right approach, can be translated into challenges.

      This chapter offers the Next Gen tools to deal with four major problems that need to be translated: 1. Morphing from children/offspring to employee to leader, 2. Respect but no idolatry, 3. Trust is a verb, and 4. How to deal with your siblings.

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