Its a common happening in family businesses, I used to work in and advise owners of family businesses on future strategy and ownership. The founders and 2nd generation always struggled on how they were to leave and structure their creations to the next generation. Most often and in the case of MMC its about the DNA of the company, ensuring that it is first clearly defined and then not lost when future development and changes are inevitably made. All too often great new ideas and techniques are brought into a company. Initially they flourish but over time the DNA is lost and the company begins to lose its being and direction and either withers away or is swallowed up. Hopefully not the case in our beloved Morgan.
