The main theme of the Summit was Preparing for the future. Prof Venter’s session’s topic was on “Continuity: Weathering the crises with a cross-generational approach”. She first did a presentation on succession and was then joined by panel members to discuss the following:
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The importance of governance in the family and the business and the role that it plays in facilitating succession planning and weathering any other crises.
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What is the role of the older/younger generations in succession and weathering any crisis?
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When should one start planning for management and ownership succession and who should be involved in this process?
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What advice panel members would give to other business families who are approaching the transition of management and ownership in their family businesses.
Prof Venter was joined during the workshop and panel discussion by panel members: Dr Elikem Tamaklo (CEO) and his mother, Janet Tamaklo (Board Chair Emeritus) from the Nyaho Medical Centre in Ghana, as well as Alan Taverner (Executive Chairman Tavcor Group, SA) and Megan Stow (HR Director Tavcor Group and daughter of Alan).
