Reply To: After integrating a family business, should the former owner remain or not?


Although it is desired to keep former business owner to keep the experience and knowledge in the company, it may not be possible to get the people aligned with current management. Given this uncertainty, it shall be considered to keep them as managers with contingency raiders. So that such managers can be removed or moved to a different role if their views do not align with new management. Even if the new management does not want them in the new team, it is worth keeping them as mentors or advisors in the company.

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