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LEADERSHIP β€’ 7 MIN READ

The First 90 Days as a New CEO in a Family Business

By Patricia Gunawanβ€’12 May 2026
CEO meeting

In a family business, title is inherited; legitimacy is earned. We interviewed 5 second-gen CEOs β€” all said the same: don’t change anything in 30 days, except how you listen.

30-60-90

3 Pitfalls

Hiring McKinsey friends fast β†’ signals distrust. Cutting THR/bonus year 1 β†’ war. Rebranding before margin fix β†’ vanity.

Bottom line: Respect β†’ result β†’ reform. In that order.

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