Charles Town Leaders Reflect on Aging Incumbents in Politics
We study aging family business incumbents who refuse to let go − here’s why the 2024 race felt familiar
The Register~Herald | Friday, January 17, 2025
In a compelling analysis by Nancy Forster-Holt and colleagues, published by The Register-Herald, parallels are drawn between family business succession challenges and the dynamics of the 2024 presidential race. With aging leaders like Biden and Trump holding onto power, the article explores the 'heroic self-concept' prevalent among male leaders, emphasizing the reluctance to step aside, which resonates with local family-owned businesses in towns like Charles Town and Ranson. This issue can hinder the rise of new leaders and innovation, affecting local economies and communities.
