While most agree that HBO’s hit fantasy show House of the Dragon (HotD) might be an interesting dive into the chaos of the Middle Ages, less has been said about its lessons for the contemporary business world.
Though modern laws make sibling rivalries much more civilised (siblings don’t usually kill each other, nor do they have dragons), there are still many similarities between throne-claiming and today’s family battles over business leadership – especially when multiple siblings are involved.
As a lecturer in entrepreneurship and strategy, I use the show – a prequel to Game of Thrones that sees siblings fighting to inherit their father’s throne – to illustrate the complications in family business succession.
When succession of leadership in a business becomes an issue, it is important for the family to be clear about their direction. Important, and often difficult, conversations around which legacy, as well as the methods to achieve it, need to be agreed by all …