Name
The Job Offer Isn't the Business | From succession to closure, what family firms need to clarify before it’s too late
Date & Time
Wednesday, September 30, 2026, 2:10 PM - 2:35 PM
Kate O'Hara
Description

Family business transitions rarely hinge on a single decision. They are shaped by the conversations that happen, or don’t happen, long before a succession, sale, or closure is on the table.

I’ve experienced that from both sides: first stepping into second-generation leadership of my family’s luxury design firm, and years later leading the decision to close it intentionally. Drawing from both experiences, I’ll share three lessons for family business leaders navigating what comes next: separate the job from the ownership opportunity, get clear on what each person actually needs before choosing a path, and communicate the decision in a way that protects both the people involved and the legacy they built.

 

Virtual Session Link
Learning Objectives
Learning Objectives:
• Distinguish between a job opportunity and an ownership opportunity, and understand why the difference matters in family business succession.
• Identify the personal, family, and business priorities that should be surfaced before choosing a transition path.
• Recognize how thoughtful communication can help protect relationships, reputation, and legacy through succession, transition, or closure.