Sonny Iqbal of Egon Zehnder’s global family business advisory practice. Sonny Iqbal co-heads global executive search firm Egon Zehnder’s global family business advisory practice. In an interview, Iqbal explains why governance and succession planning have often not been a family business’ strongest suit and how businesses can set themselves up for perpetuity if they use good governance as a baseline. Family gravity affects everything from strategic direction to everyday operations, and therefore significantly contributes to what makes each family business unique. CEO succession planning is unequivocally the board’s responsibility.

Source: Mint January 28, 2018 10:07 UTC