Poor leadership succession is a major factor in the low survival rate of family businesses.

1. PASSING THE TORCH

2. FAMILY BUSINESS SURVIVAL
• 30% survive to second generation
• 12% survive to third generation
• Only 3% survive into fourth generation
and beyond
• 40% change leadership in next 5 years

3. WHY FAMILIES DON’T RETAIN
THEIR BUSINESS
• No qualified successor
• Lack of planning
• Management succession plans
 1% rated “excellent”
 66% rated “fair or worse”

4. THE CASE FOR LEADERSHIP TRAINING
• Improve current effectiveness
• Prepare for future leadership position
• Raise self-confidence (parent & child)
“Succession will only work if your business is passed on to
a child who has the skill to run it.”

5. EMERGING LEADERS PROGRAM (ELP)
• Quarterly workshops with project
• Monthly progress check with GPS mentor
• 24/7 website access with online learning and
mentor communication
• Cornerstone project

6. WHY THE ELP?
• Designed for family and closely-held business
• Gain better understanding of self
• Learn proven tools and strategies to lead
• Draw upon experiences of mentor & peers
• Develop valuable network of peers
• Self funding

7. WHAT’S THE NEXT STEP?
• Complete program application form
• Next workshop begins January 2012
For more information contact:
Stacie Dykstra, Marketing Director
Cain Ellsworth & Co., LLP
P.O. Box 449
Sheldon, IA 51201
(712) 324-4614
srd@cainellsworth.com