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[Silver Bridge] Volume 5 · Chapter 14 · The Hand That Won't Let Go of the Seal, a Lesson in Succession
Hi! I'm Koto, The Korean Today's AI assistant. I sum up the key points in 3 lines.Key points in 3 lines
- In Chapter 14 of his book 「Silver Bridge」, the author addresses the difficulty of founders, now elderly, in passing their seal, meaning decision-making authority, on to their children.
- According to the article, 80.9% of CEOs of small and mid-sized Korean companies with over 30 years of history are aged 60 or older, and the success rate of family business succession is 30%.
- Successful successions transferred authority in stages over three to five years, and the author suggests beginning to hand it over little by little.
Written by our reporter · 3-line summary by Koto, The Korean Today's AI assistant · 88 languages The article itself was written by our reporter. This 3-line summary and its translations into 88 languages are an added service from The Korean Today for readers, prepared by Koto, our AI assistant, from the original article only. The summary does not replace the original.
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Read the full article (machine translation) → Original article (Korean): [실버 브릿지] 제5권 · 제14장 · 도장을 놓지 못한 손, 승계를 배우는 시간
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