There are family-run businesses spanning generations that seem to have defied the odds and stood the test of time.

It seems the founder's vision was taken to the next level each time a new pair of hands took over running the business, growing or expanding it to the conglomerate or the market behemoth it is.

But not all family businesses follow a similar script.

When the founder dies or is incapacitated, it doesn't take long for fractures to begin emerging within a short time.  What was an envied and dominant market leader crumbles and slowly dies.