05/12/2025
As we continue our Succession Planning Series, we turn to one of the most important and often most challenging aspects of succession: communicating openly with family.
Succession planning isn’t just about structures and finances - it’s about people. Misunderstandings can fracture families, especially during major transitions like passing the farm to the next generation.
Open, honest and regular conversations are key. Discuss goals, expectations and roles clearly, making sure everyone truly understands what's talked about, and remember people process information differently.
Flip the lens. Listen with empathy. The retiring farmer may feel a sense of loss, while the next generation may have fears or expectations of their own. Acknowledging these feelings creates space for pride, shared goals and collaboration.
Creating a safe space for dialogue, where every family member has a voice, builds trust. If conversations are sensitive or strained, a neutral facilitator can help keep discussions constructive and thoughtful.
Next time, we’ll explore how to start the process with a family meeting.