In my experience working with mid-market businesses over the last 15 years, the very best-performing businesses also have ...

Developing and implementing a comprehensive succession plan can be resource-intensive, and many organizations may not have the budget or staff to support this effort. To overcome this challenge ...

Succession planning is essential to this process ... Communicate your intentions to your staff as early as possible, providing them with ample time to seek new opportunities.

Evaluate your current leadership structures, staff roles, and operational systems ... When I facilitate succession planning, I often ask my philanthropic clients, “What is the 20 percent ...

Succession planning can essentially be viewed as a way to structure ... in the business as the new owners impose their way of operating. This leads to unsettled staff and the potential exit of long ...

Yet, planning for the day you step away can be one of the most challenging tasks you'll face. Succession planning is crucial to ensure that your business continues to thrive long after you've ...

Or where will the talent for leading the key committees come from? Succession planning is rarely given the attention that other leadership requirements receive. Yet, the truth is, promoting the wrong ...

Succession planning is a priority in the utility industry as an aging workforce, changing technologies, and turnover reshape ...

Succession planning not a board priority ... the Human Resources department can handle succession issues since its staff have expertise in understanding and communicating with people.

At least 28% of the survey participants said succession planning is a primary focus for their firm this year, and 48% out of the group described internal staff members as their "ideal" buyer.

This makes succession critical to the economic viability of the ag business and the continuation of the family farm (let alone the happiness of the family and partners involved). There are four ...

Succession planning is a priority in the utility industry as an aging workforce, changing technologies, and turnover reshape the sector. The utility sector faces unique challenges, striving for ...