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Shaping succession successfully

Who will lead your life's work in future? Business succession creates clarity about responsibility, ownership and the company's onward path, and sets the course for the next generation.

Succession in family businesses

Business succession is one of the most important decisions in the life cycle of a family company.

Succession concerns not only the handover of responsibility and ownership but also the future of the company, its people and the owning family.

Whether within the family or through a solution outside it, what matters is taking the right decisions in good time and setting the course for the next generation.

Business succession begins long before the company changes hands. It covers preparing the company, developing the successor, arranging ownership and responsibility, and securing the transition legally, fiscally and organisationally. At the same time the family, the company culture and the long term future of a life's work all play a central part.

That is why we treat succession not as a single decision but as a process that brings all the relevant perspectives together and sets the course for the next generation early.

Would you like to prepare for your succession?

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How we work

We streamline complex processes

01

Orientation

First we build a picture of the situation, set the objectives and define the project scope so that the assignment is clear.

02

Analysis

In the second phase we produce the as is analysis, define the potential we see and formulate solutions matched to the diagnosis.

03

Design

Now comes the phase of change, in the shape of a concrete package of measures that we put into practice along a timeline.

04

Embedding

The fourth phase covers impact controlling and secures the result by stabilising the measures, with final documentation.

Team bei der Arbeit

Downloads for this category

Checklist "Moving to external management"

When succession within the family is not an option at operational level, external management is a real alternative for keeping the company in family ownership.

Specialist article "Everything is succession"

Published in December 2022 in Econo magazine (issue 5/2022). Our managing partner Martin Auer describes why succession is an essential part of responsible company leadership at every stage of a company's life.

Specialist article "What happens when the next generation does not want to take over?"

Published in May 2025 in the Karlsruhe Chamber of Commerce magazine WIMA (issue 5/2025). Our managing partner Ann-Katrin Hardenberg explains how companies can proceed when the next generation does not want to take over the succession.

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