Surviving the Founder: Why 2nd Generation African businesses are so rare and how to fix it || Ep 70
African companies continue to build great founders, but they do not always build institutions capable of surviving them. Therefore, many promising companies collapse when the time comes for a change in leadership. In this episode, we analyse the succession crisis that affects family businesses and businesses led by their founders.
Based on Aliko Dangote's historic initial public offering of 2.15 billion naira, the episode raises a fundamental question: when the founder is no longer there, will he really be able to continue the business? The answer depends on the planning of succession…
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