Three of Mr Arnault's eldest children are poised to assume the top positions at their respective companies. Frederic is also likely to reach the top at Chopard Replica Watches, and possibly LVMH watch division. He has a mentor who will guide him up the ranks. He has his father, and also Stephane Bianchi.

One of the most well-known stories about Mr Bianchi is his work with cosmetics and skincare brand, Yves Rocher. Didier Rocher, the son of Yves Rocher - founder of Yves Rocher - died in a freak shooting accident on a private range in December 1994,Chopard Replica Watches a couple of months after Mr Bianchi joined Yves Rocher. Didier Rocher had been supposed to take over from his father when he retired.

Yves Rocher was forced to take his place back at the company after his son died. In 1998, four years later, Mr Bianchi was appointed as the Deputy Chief Executive and Director. Bris Rocher, Didier's 18-year-old son, joined the family company the same year.

As Deputy Chief executive officer and Director of the company, Mr Bianchi had two main objectives. Bris Rocher took over the company in 2009, and has led it admirably ever since.

The Torch is passed

The generational transition strategy of Mr Bernard Arnault is a wonderful mindset that any leader can adopt. It is important to note that Mr Arnault does not simply select leaders who can serve the organization in their time and place.Patek Philippe Replica He also seems to be selecting individuals who are aware of the importance of grooming future generations.

While one of the most respected names in the industry, Jean-Claude Biver is taking a backseat, LVMH has the right plan in place for ensuring that the watch brands it oversees have the leaders who can boldly move forward.