Sympathy and Succession: Lessons from History

  • First Bank
  • 04/17/2023

By Ken McCracken, FFI Fellow,  a family business consultant and founder of MFBC Limited in Edinburgh, Scotland.

Originally published by Family Firm Institute (FFI), February 15, 2023

This year is the 300th anniversary of economist and philosopher Adam Smith’s birth. In his honor, Ken McCracken explores how some of Smith’s thinking on self-interest and sympathy could be applied to succession planning discussions in family enterprises.

Click here for the full article.