Succession planning is about planning and executing a smooth transition of leadership positions of the organization.The purpose of succession planning is to make sure the company always has the right leaders in place. For a family business , a succession plan ensures orderly transition of management and ownership to the next generation of the family. This includes establishing goals, decision making process, creating business ideas, succession plan and transition plan. Key members of the family business under the guidance of the expert Coaches follow a systematic process which is supported by open communication inspired by success stories of entrepreneurs in India.