ACN Business

We study aging family business incumbents who refuse to let go − here’s why the 2024 race felt familiar

Written by Nancy Forster-Holt, Clinical Associate Professor of Innovation and Entrepreneurship, URI Aging Fellows, UMaine Center on Aging Research Associate, University of Rhode Island

Succession planning is one of the biggest challenges family businesses face, with aging leaders often reluctant to let go of their power.

While we’re experts in family business and not politics, we couldn’t help but notice striking parallels between our research and the dynamics of the 2024 election campaign. For much of the race, the...

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