How does Wholey's in the Strip plan to preserve business legacy?; In The Lead, 5/3/16

Joyce Gannon, In The Lead; How does Wholey's in the Strip plan to preserve business legacy? :

"Many of them worked for the company as teens but rather than anoint any as the new leaders, Mr. Wholey and his brothers have developed a plan with specific guidelines for those who may be interested in a leadership role in the future:

First, obtain a college degree.

Second, work somewhere else for a minimum of two to three years.

Third, earn a promotion at that other job.

“That gives them a view of what the world is,” said Mr. Wholey, who was a concert promoter after he graduated from Babson College in Wellesley, Mass...

For about 10 years, the family has sought advice from the University of Pittsburgh’s Institute for Entrepreneurial Excellence about succession planning."