TWhen Family Businesses Misjudge CEO Successions. And How to Fix It.

WEEKLY EDITION • August 19, 2026

Choosing a family member to lead the enterprise is rarely a purely rational decision. Familiarity, lineage, seniority, and family expectations can easily overshadow the capabilities the business will need next. In this week’s edition of FFI Practitioner, Nupur Pavan Bang identifies four common mistakes in family CEO succession and proposes four dimensions for evaluating candidates with greater rigor: institutional courage, strategic fit, judgment maturity, and boundary authority.