70% Of Global Family Businesses Do Not Have A Formal Succession Plan

More than half of global family CEOs do not have a formal retirement plan and 70% of global family businesses do not have a formal succession plan, according to the 2019 STEP Global Family Business Survey, The impact of changing demographics on family business succession planning and governance. However, the report finds that Millennial CEOs are ready to take over.

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Babson ePitch: Second Century Challenge Semi-Finalists Announced

Babson College’s biggest pitch competition to date – the Babson ePitch: Second Century Challenge – is just over a month away, and 12 semifinalists, who have just been named, are vying for a spot on stage.
Upward of $100,000 will be awarded to entrepreneurs who have pitched, and won over, a panel of well-known judges, including Jamie Siminoff ’99, founder of Ring.

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