The Handover Charter
Family business
Date
What changes, and when
The decisions that move to the successor, with dates. Hiring, spending limits, key relationships, which meetings they chair.
What stays with the founder, and for how long
The decisions the founder keeps for now, and the date each one will be reviewed.
How we disagree
Where we disagree (in private), how we present decisions (as one), and what happens when we still do not agree.
The founder's new role
What the founder will do from now on, and what they will no longer do.
The announcement
Who tells the family, the board, the senior team, the company and key partners, in what order, and who speaks first.
Review date
Founder
Successor
secondchairleadership.com/handover-charter