Sentences with phrase «generational transition»

"Generational transition" refers to the gradual shift or change that occurs when one generation passes on and a new generation takes its place. It means the older generation passing their roles, ideas, and responsibilities to the younger generation, leading to new ways of thinking and doing things. Full definition
When family members can unite around common values and vision and learn to appreciate each other's individual opinions and interests, having hard conversations and approaching generational transition become easier.
But how can they secure growth and smooth generational transition in an age of fast - changing technology?
Every age group experiences different generational transitions and turmoil.
With the digital distribution model it is much easier, or even at all possible, compared to the previous generational transition.
This gen has a distinctly different feel to it than the last generational transition.
At MCA, we collaborate with seasoned professionals and other family enterprises on various continents to provide locally adjusted corporate development and generational transition solutions.
It's rare for families to successfully navigate even one generational transition in the boardroom — a Canadian Business Insights study from last year found that just 17 % of family - run businesses have a firm succession plan in place.
Osry and other succession experts point out that families are often sandbagged because they've failed to plan well in advance for a generational transition by creating an orderly, formal and, most importantly, consensual process to see it through.
New research identifies one reason the generational transition becomes so fraught: A huge number of family firms have no plans in place to handle it.
While other family firms falter during a generational transition, the company has doubled in size in the past five years.
What is needed to effectively manage this generational transition?
The adjustments may also be evidence of a generational transition underway at the 113 - year - old company.
As a result, this generational transition is ushering in the end of consumer marketing as we have long known it.
Second, evangelicalism is in the midst of a generational transition across the entire movement.
This means that, among other things, the industry will be discussing which ideas the «next generation of the organic industry» should use to further develop the organic movement in production and on the market, and how the generational transition can be shaped successfully.
This generational transition illustrates a family farm successfully moving toward a more viable and stable economic future.
As long as their skills are there, younger players like Shapo will break out in their careers in due time, no matter whether fans embrace them before the generational transition is complete.
The girl's father, Jean - Louis Constanza, presents «A Magazine Is an iPad That Does Not Work» as naturalistic observation — a Jane Goodall among the chimps moment — that reveals a generational transition.
There is a generational transition going on.
One of the most volatile things about the console industry today is how user bases can disappear from one platform holder to another during a generational transition.
Unlike what happens with a generational transition, people will not be easily swayed because the «new» models technically aren't even new, they're just the same machine except upgraded.
Man, this generational transition is weird.
As mentioned above, one of the biggest problems arises from the mere fact that generational transitions are rarely well - planned in advance.
Moreover, principals often underestimate the disruption that a generational transition brings along.
And that's where we sort of looked around and realized most of the people we'd known who were doing Series A deals had either closed shop or gone through a generational transition or just weren't around any more and there was a big vacuum for Series A deals.
When Giving to World Peace Is No Longer Peaceful: Mediation and the Seven Principles for Managing Conflict in Family Foundations (07/02/07) Management of family foundations going through a generational transition can be more complicated than almost any enterprise.
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