Family feudsBy 05/21/2001|Canadian HR Reporter|Last Updated: 05/14/2001 When you look at the numbers, the need for succession planning at family-run businesses assumes a great urgency. About 70 per cent don’t survive the second generation and 90 per cent don’t make it past the third generation. The startling failure rate, it is widely held, is due in large part to a lack of succession planning. “I think people are still reluctant to deal with it,” says Debby Stern, a partner in KPMG’s succession planning practice. “It forces them to make some difficult decisions.” To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.