Three Critical Performance Management Tips for a Smooth Succession
It’s August 21, 2008. The setting is Beijing National Stadium—the 2008 Olympics. Nearly 100,000 people cheer as the U.S. Men’s 4 x 100-meter relay team walk out on to the track. Before long, the gun blasts and the runners take off. Everything starts as it should for...
What You Can Do About Your Successor Decision Right Now
Transferring leadership to the next generation in a family business is never easy. Even when the decision has been made and a successor is finally chosen, a significant challenge remains: how do inform your employees about the role your successor will fill in the...
The Most Important Conversation You and Your Successor Will Ever Have
Grandpa built it. Mom scaled it. Cousin Charlie wrecked it. This progression is all too common in family-owned business. One generation launches the company, the second takes it to new heights, and the third runs it into the ground. Of all the factors that keep 88% of...
The Key Ingredients for Succession Success
The Key Ingredients for Family Business Succession Success ( 2min read) “Vision without execution is hallucination.” Thomas A. Edison 85% of family businesses that fail in transition do so because of poor communication and insufficient preparation. That’s why, every...
The Secret to Business Succession You’re Not Supposed to Know
Do you talk about your business transition? ( 2min read) Would you get engaged without learning your partner’s hopes for the future? Would you send your child to a school without first chatting with a few teachers? Would you hire someone without interviewing them?...ABOUT US
We help business owners ensure continuity by planning for tomorrow while securing the business for today.
Recent Comments