Demography makes leadership changes difficult
The Industrieanzeiger reports on the current K.E.R.N study 2017 on business succession 2017 ff in all German chamber districts.
In just 5 years’ time, a good 60% of all family businesses in Germany will have to actively address the issue of succession, otherwise they will be threatened with obsolescence. In the context of demographic developments in Germany, the search for a successor is becoming increasingly difficult. Expert knowledge is becoming increasingly valuable.
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