A leadership expert and Managing Director of Cutting‑Edge Africa Leadership and Management Training, Prof Ezekiel Isidahomen, has said the absence of structured succession plans is threatening the survival of many Nigerian businesses, with only about 30 per cent of indigenous companies surviving beyond the third generation.Speaking with journalists in Lagos, Isidahomen described poor succession planning as one of the most critical challenges facing family‑owned businesses and corporate organisations, warning that many thriving enterprises collapse after the death or incapacitation of their founders.According to him, the failure of business owners to establish clear leadership transition frameworks often leaves family members, directors and management teams locked in succession battles that weaken or destroy companies.He said, “Our objective is to prepare business owners and corporate leaders for a successful transfer of power and ownership without creating bad blood.“When founders pass on without a succession plan, conflicts usually arise among family members, the board and management over who should take over. In many cases, the business suffers or collapses entirely.”To tackle the growing challenge, Isidahomen said Cutting‑Edge Africa Leadership and Management Training, in partnership with Pebble Hills University, United States, would host a two‑day C‑Suite Exclusive Masterclass on Succession Blueprint in Lagos on 19 and 20 August.He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. Speaking with journalists in Lagos, Isidahomen described poor succession planning as one of the most critical challenges facing family‑owned businesses and corporate organisations, warning that many thriving enterprises collapse after the death or incapacitation of their founders.According to him, the failure of business owners to establish clear leadership transition frameworks often leaves family members, directors and management teams locked in succession battles that weaken or destroy companies.He said, “Our objective is to prepare business owners and corporate leaders for a successful transfer of power and ownership without creating bad blood.“When founders pass on without a succession plan, conflicts usually arise among family members, the board and management over who should take over. In many cases, the business suffers or collapses entirely.”To tackle the growing challenge, Isidahomen said Cutting‑Edge Africa Leadership and Management Training, in partnership with Pebble Hills University, United States, would host a two‑day C‑Suite Exclusive Masterclass on Succession Blueprint in Lagos on 19 and 20 August.He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. According to him, the failure of business owners to establish clear leadership transition frameworks often leaves family members, directors and management teams locked in succession battles that weaken or destroy companies.He said, “Our objective is to prepare business owners and corporate leaders for a successful transfer of power and ownership without creating bad blood.“When founders pass on without a succession plan, conflicts usually arise among family members, the board and management over who should take over. In many cases, the business suffers or collapses entirely.”To tackle the growing challenge, Isidahomen said Cutting‑Edge Africa Leadership and Management Training, in partnership with Pebble Hills University, United States, would host a two‑day C‑Suite Exclusive Masterclass on Succession Blueprint in Lagos on 19 and 20 August.He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. He said, “Our objective is to prepare business owners and corporate leaders for a successful transfer of power and ownership without creating bad blood.“When founders pass on without a succession plan, conflicts usually arise among family members, the board and management over who should take over. In many cases, the business suffers or collapses entirely.”To tackle the growing challenge, Isidahomen said Cutting‑Edge Africa Leadership and Management Training, in partnership with Pebble Hills University, United States, would host a two‑day C‑Suite Exclusive Masterclass on Succession Blueprint in Lagos on 19 and 20 August.He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. “When founders pass on without a succession plan, conflicts usually arise among family members, the board and management over who should take over. In many cases, the business suffers or collapses entirely.”To tackle the growing challenge, Isidahomen said Cutting‑Edge Africa Leadership and Management Training, in partnership with Pebble Hills University, United States, would host a two‑day C‑Suite Exclusive Masterclass on Succession Blueprint in Lagos on 19 and 20 August.He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. To tackle the growing challenge, Isidahomen said Cutting‑Edge Africa Leadership and Management Training, in partnership with Pebble Hills University, United States, would host a two‑day C‑Suite Exclusive Masterclass on Succession Blueprint in Lagos on 19 and 20 August.He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. He said the programme is designed for founders, chief executive officers, managing directors, board members and chief human resource officers, equipping them with practical strategies for seamless leadership transition and business continuity.Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. Isidahomen noted that succession disputes are particularly common in family businesses where ownership structures are poorly documented, adding that disagreements among heirs often trigger regulatory bottlenecks, including restrictions on company accounts, which disrupt business operations.Related NewsFG promises detailed breakdown of FX, fuel subsidy savingsKogi gov rallies Nigerians in diaspora behind Tinubu’s reformJAMB registrar Oloyede bows out, Aina takes over FridayHe explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. He explained that participants at the summit would receive practical succession templates, regulatory guidelines and documentation checklists required by financial institutions and agencies, including the Securities and Exchange Commission, to ensure businesses remain operational during leadership transitions.He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. He further said, “This is not just another training programme. It is a solution summit. Participants will leave with actionable documents and succession blueprints that can help their organisations remain operational even in the absence of the founder or chief executive.”Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. Beyond succession planning, Isidahomen lamented the increasingly difficult operating environment for businesses, citing soaring production costs, high energy prices, insecurity, corruption and the continued migration of skilled professionals as major threats to enterprise growth.He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. He said the loss of experienced manpower through emigration had compounded operational challenges, while insecurity continued to discourage investment and economic activities.The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. The leadership expert also decried what he described as declining societal values, saying growing materialism, weak integrity and mistrust had further undermined the country’s business environment.While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. While calling for stronger collaboration between the public and private sectors, Isidahomen maintained that government alone could not solve Nigeria’s economic and security challenges, stressing that citizens also have a role to play through community support and intelligence sharing.The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management. The summit will feature presentations by legal practitioner Hannibal Uwaifo (SAN), Prof Eze Nwauba, Nkem Chima of Pan‑Atlantic University and other experts on corporate governance, leadership transition and sustainable business management.
‘Poor succession plans threaten Nigerian businesses’