Posts tagged succession planning
How To Create A Succession Plan
How To Create A Succession Plan

4 Minute Read

We have a critical question for you: Do you have someone to replace key employees if they suddenly left? Many companies have good intentions of developing people for key roles, but aren’t ready if a key employee left tomorrow. That creates a big problem.When we have discussions with our partners, we’re often asked that magical question: How do we create a succession plan? And how do we do it effectively?

Finding the right person to fill key roles is one of the greatest challenges of leaders. Firstly, it's important to note: a replacement plan is not the same as a succession plan. It takes time to create individual plans, to develop people, and to give them the experience and mentoring they need to be successful.

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Leadership, Succession Planninghow to create a succession plan, how to do succession planning, planning for the future, steps to creating a succession plan, succession planning, top blog Comment
Succession Connection
Succession Connection
Change, Company Culture, Generations, Strategy, Succession Planningfuture organization, how to create a succession plan, how to develop a succession plan, how to develop succession plan, how to do succession planning, how to make a succession plan, how to prepare a succession plan, how to write a succession plan, retention, strategic plan, strategy, succession, succession plan template, succession planning, succession planning model, succession planning process, what does a succession plan look like, what is succession planningComment
The Next Generation of Leaders: Family Business Succession
The Next Generation of Leaders: Family Business Succession

I was recently asked this question by the owner of a family business with four sons working in the firm: “How do I choose which one will run the business?”Wow! There are so many ways to answer this question. Family business succession can be complicated. My first response was to ask, “Who wants to?” To which the owner did not know the answer. So that is a good place to start; however, there is more running the family business than just who wants to.

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Family Business, Strategy, Succession Planningfamily business, family-owned business, how to succession plan, next generation of leaders, Plan for Succession, succession, succession plan, succession planning, family business successionComment