Every company regardless of size, age, and stage is somewhere along the succession continuum. While many succession plans are well designed and documented, the vast majority are very informal indeed.
Please tune in this week as Wayne relates the story of how one succession plan proved frustrating and ineffectual for both generations of leadership and what you can do to make your succession plans foolproof. Better still, Wayne reveals a “secret weapon” for making succession smooth, coordinated, and cohesive.
Please give us the benefit of your think in the comments section below.
And, don’t forget about our next Contractor Business Boot Camp class scheduled for Oct 15-16 in Raleigh, NC. Please contact Charlotte at ckopp@familybusinessinstitute.com to learn more about the program.
Good job Wayne. You hit quite a few hot buttons on my agenda. The challenge is follow through!
Yes, Tim. Follow through = EXECUTION. Without that, the best plans fall apart.
Wayne, do you know of any place where one could acquire such a time proven process to strategic planning? (Hardy har har!!) 🙂
Well done, Sir.
Excellent segment. You hit home with “courage.” It takes courage from ALL generational family members and not just the lead mouth!
Absolutely, Roly. I hope you’re prospering!