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By Vanessa Diaz and Catherine Faherty
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The Legacy Series Engaging the Next Generation
Quinn Family
Foundation
SponsorsQuinn Family Foundation
“Empowering the Next Generation of Leaders: Learning from Long-Lived Family Enterprises”
Vanessa Diaz & Catherine Faherty
30%2nd generation
businesses survive
12%3rd or greater generation
businesses survive
The Phases of Learning Approach for Family Businesses
L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
Source: Moores & Barret, 2005
L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
OUTSIDE EXPERIENCE
EDUCATION
Source: Moores & Barret, 2005
L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
Source: Moores & Barret, 2005
CONTINUE DIFFERENTLY
L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
FAMILY ASSEMBLY
FAMILY COUNCIL
Source: Moores & Barret, 2005
L1
Learn Business
L2
Learn Our Family Business
L4
Learn to Let Go
L3
Learn to Lead
1- RETIREMENT TIMELINE
2- MANAGEMENT SYSTEMS
Source: Moores & Barret, 2005
+353 1 700 6921
Get involved with the DCU Centre for Family Business:
www.dcu.ie/centreforfamilybusiness
