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Monthly Archives: October 2015

The Cost of Poor (or No) Succession Planning

The value of succession planning and the steps that should be taken to ensure successful transitions are topics that have been often written about by leadership experts (including me). What is less talked about is the cost of a poor succession plan, or not even having one; the best case scenario will be chaos and uncertainty, and the worst case: the business fails. Successful business owners will go to great lengths to put policies and procedures in place to ensure day-to-day operations run smoothly … Read More >

Posted in Advice, Family Business, Legacy, Succession Planning | Tagged , , , , , | 1 Comment