Successions from the senior generation to the younger generation become challenging when the world view is limited to one industry and usually one company. The traditional approach for families in business is to catch them young. I remember my visits to my family business workplace started at the age of 10. Another coachee of mine was offered a "Maruti Gypsy" in the 90's to skip business school and start coming to work after finishing college. While the intention to expose the younger generation to the inner workings is a noble one and it aims to give them a head start, the fact is that it also limits their worldview to one industry and frequently one company. Becoming the proverbial "frog in the well".
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Answer:
Successions from the senior generation to the younger generation become challenging when the world view is limited to one industry and usually one company. The traditional approach for families in business is to catch them young. I remember my visits to my family business workplace started at the age of 10. Another coachee of mine was offered a "Maruti Gypsy" in the 90's to skip business school and start coming to work after finishing college. While the intention to expose the younger generation to the inner workings is a noble one and it aims to give them a head start, the fact is that it also limits their worldview to one industry and frequently one company. Becoming the proverbial "frog in the well".
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