Behn Meyer, an excellent case study of a family firm that has survived four to fivegenerations in a sometimes highly hostile environment, is testimony to the firm’sperseverance and ability to transform itself and makes for a highly informativecomparative study of managerial succession and company performance. A welldefined system of governance allowed for the appointment of seriously committedpartners who ‘live and breathe’ the firm. These ‘stewards’ were carefully chosen via arigorous selection procedure. A key factor that contributed to the sustainability andlongevity of the firm is the grooming process when a long period of apprenticeshiptraining allows for the appointment of the most capable successors
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