Common Causes of Family Conflict & How to Deal with Them.
Video 5: Fossilised Leaders.
- Living longer, later retirement: personal / financial / alternatives.
- Increasing numbers of businesses led by older people 70+. Some good, many bad.
- Fossilised: all faculties, more risk-averse, less agile and able to make important decisions. No desire for change.
- Successors frustrated. Employees terrified about security.
- Solution: real needs of older leaders need to be identified and addressed, with genuine sensitivity. Negotiated outcomes (mutual interests) essential.
