What it takes to save family businesses from themselves

Wanja Michuki says family businesses and the families that own and manage them are uniquely defined by complex multi-generational dynamics. [File, Standard]

Kenyans have witnessed the first generation build an enterprise from scratch, the second generation propelling it like a meteor, only for the third generation to quickly extinguish it.

This has been Wanja Michuki, a family business systemic coach, biggest preoccupation in recent years.