When Owner and Successor Come From Different Worlds

Nov 14, 2018

Owners with successors from different backgrounds can upset previous communication norms and challenge the operation.This is avoided with good preparation.

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Don’t Treat Your Successor Like a Clone

Nov 7, 2018

Although a chosen successor may come from a similar background, owners should fight the tendency to assume they’re transitioning to a virtual clone.

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Are You and Your Successor on the Same Page?

Oct 31, 2018

The Foundational conversation between the current owner and intended successor gauges whether their desires are aligned and starts the succession journey.

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How Does This End? Closure of a Business

Oct 24, 2018

There will come a day when the owner has to decide whether to sell the company or keep it in the family. An exit must be handled with skill and empathy.

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Three Critical Performance Management Tips for a Smooth Succession

Oct 17, 2018

In a succession transition, performance management conversations are key to ensuring that the successor has the support and guidance needed to perform.

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The Unwilling Successor: (Un)selfish and Guilt-free

Oct 10, 2018

Nothing hurts a succession more than an owner and a successor who aren’t on the same page—particularly when the latter isn’t sure they even want the job.

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