Succession Planning Done Right
The HBO series Succession is a dramatization of the transition of a business from one generation to the next, a morality tale about what can
The HBO series Succession is a dramatization of the transition of a business from one generation to the next, a morality tale about what can
We’ve all heard the horror stories about family business transfers that create irreparable damage—parents estranged from children, children at war with siblings, and standoffs that
As a longtime advisor who helps business owners craft plans to put their companies in the hands of successors, I’m often asked questions about how
Resilience is a quality we cultivate in ourselves and try to instill in our businesses because the greatest life or business plan in the world
Owners wear many hats as they grow their businesses: rainmaker, HR manager, CEO, cheerleader, and director of finance, to name a few. Yet if they
I spoke recently with the owner of a successful business whose two sons had been active in the company for the 20 or so years
In my prior post, I wrote about how unspoken expectations, a lack of planning, and an unwillingness to ask for help doomed the transition of
Over the past 12 months, I’ve been working with the management team of a company whose newly designated successor / CEO died of COVID. While
I’ve always resisted the term “consultant.” Maybe because the old joke pops into my mind that a consultant is the person who removes the watch
In our last post, we asked you to consider two forms of business governance: formal and informal. As transition strategists, see the huge advantages of