The topic of succession has a long history and has never been limited to the exclusive domain of family business. Putting it into perspective can give us a deeper understanding of its importance in all organizations, both family- and non-family-owned. After writing this post, I thought it was perhaps more suited to an academic readership, […]
Succession in family firms: navigating the power paradox
Many family business leaders hold two conflicting emotions as they near retirement: on one hand, the desire to pass the baton to their children, and on the other, the desire to retain control for as long as possible. These opposing aims can significantly affect the parent-child dynamic and result in a paradox in which the […]
Bodegas Pradorey: where tradition meets innovation
Fernando Rodríguez de Rivera is the general director of Bodegas Pradorey, a winery located in Spain’s Royal Site of Ventosilla. Here he shares Pradorey’s “long and winding” 30-year path to success as one of the most renowned Ribera del Duero wineries. Pradorey can’t be understood without mentioning the Royal Site of Ventosilla, where the winery […]