McKinsey studied 200 family business successions. The biggest problem wasn’t the heir — it was the outgoing CEO

New research across 50 countries finds family-owned businesses underperform for five years after a leadership transition — and the culprit is usually the person leaving, not the person arriving.

May 22, 2026 - 16:00
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McKinsey studied 200 family business successions. The biggest problem wasn’t the heir — it was the outgoing CEO
New research across 50 countries finds family-owned businesses underperform for five years after a leadership transition — and the culprit is usually the person leaving, not the person arriving.

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