The BBC World News – Business Daily speaks with Palo Alto Software CEO, Sabrina Parsons about family succession.

2010-08-13_0952The conversation touches on the topics of “good and bad nepotism” and the worry that if family-run businesses don’t pass down from parent to child, the outcome for the business can in some cases be quite dire.

Both Tim and Sabrina have talked extensively about this topic before, check out their posts Serendipity Succession, Father and Child and Nepotism vs. Family Business.  It’s nice to hear a refresher on the preconceived notions of a daughter stepping into her father’s shoes and how that has personally impacted Sabrina since taking over the company.

Sabrina’s interview starts around the 9:20 mark.

BBC Podcasts – Business Daily News with Steve Evans – Nanny State or caring government? Aug 13, 2010

‘Chelle Parmele
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