Generational Transition

Generational transition refers to the process where leadership, knowledge, and responsibilities shift from one generation to the next within a family, organization, or society. It involves preparing younger members to take on roles previously held by older generations, ensuring continuity and stability. This transition can include planning, training, and adjusting structures to facilitate a smooth changeover, helping to preserve values, legacy, and success over time. Effective generational transition is crucial for sustainable growth and maintaining long-term relationships across generations.