173: How to Navigate the Emotional Minefield of Succession, Albert Ciuksza Jr.
Laurie Barkman interviews Albert Ciuksza to challenges faced by millennial successors as they take over from baby boomer predecessors. Listen in as they discuss Albert’s new book, “Succeeding” Stepping Up Without Stepping In It.”
There’s a demographic shift, with 10,000 baby boomers retiring daily from 2024 to 2027, often skipping over Gen X. There are emotional dynamics of succession that can sabotage successful transitions due to emotional attachment. Dive in to learn about practical tools for navigating succession effectively and avoid leadership mistakes.
Listen to this episode to learn more about:
The surprising “knife to a gunfight” mentality many successors bring to the table, and why Albert was motivated to write a book to help them
The demographic dynamics at play, with 10,000 baby boomers retiring every day and the “skipped” Gen X generation
The emotional stages of grief predecessors often experience, and how understanding this can help successors navigate the transition
Specific case studies of predecessors “nuking” succession plans due to identity and ego challenges, rather than business factors
The unique leadership challenges millennials face in escorting out boomers while coaching up the next generation, and the importance of empathy
Find Albert Cuiksza here:
https://solutions21.com/succeeding/
https://www.linkedin.com/in/albertciuksza
https://www.instagram.com/albertciuksza
❤️ Show us the love on Rate This Podcast: https://ratethispodcast.com/successionstories
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My Links:
🌐 Website: https://btsherpa.com/home
⏰️ Meet With Laurie: https://btsherpa.com/connect-with-laurie
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📘 THE BUSINESS TRANSITION HANDBOOK:
Get a free digital copy of “The Business Transition Handbook: How To Avoid Succession Pitfalls and Create Valuable Exit Options” by author Laurie Barkman:
