Succession Planning

Succession Planning

Who will take the reins when you leave? One of your greatest legacies is a well-thought-out plan that helps put in place the leadership that your company needs to continue for years to come. 

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News and Articles About Succession Planning

Common Succession Planning Mistakes -- and How to Avoid Them
Succession Planning

Common Succession Planning Mistakes -- and How to Avoid Them

Remember, the process isn't about you. It's about the organization. Instead of choosing a successor just like you, choose one to meet the new needs of the enterprise.
Beth Miller
Taking Care of Business When an Illness Strikes
Illness

Taking Care of Business When an Illness Strikes

An entrepreneur shares the first five things she did to support her business and herself while surviving cancer
Kelsey Ramsden
Skirt Roadblocks to Succession Planning
Succession Planning

Skirt Roadblocks to Succession Planning

Business owners need to be proactive and wise in anticipating next steps in their company's and personal life cycle.
Beth Miller
3 Reasons I Decided to Leave the Company I Co-Founded
Exit Strategies

3 Reasons I Decided to Leave the Company I Co-Founded

One entrepreneur explains how he came to the difficult decision to step away and leave the company he loves and helped to build.
Scott Dudelson
Will You Join the Phenomenal Growth of Women-Owned Businesses?
Women Entrepreneurs

Will You Join the Phenomenal Growth of Women-Owned Businesses?

The number of female-led firms has surged to new heights. Here's what you need to know to get started.
Mary Martuscelli
It's Not Too Late to Start Thinking About Your Business Legacy
Leadership Qualities

It's Not Too Late to Start Thinking About Your Business Legacy

Leaving an impact at your company means more than creating the projects and products you accomplish today. Set in motion a dynamic so people sharing your values can carry the torch forward.
Beth Miller
Leadership Lessons From Apple CEO Tim Cook
Leadership

Leadership Lessons From Apple CEO Tim Cook

Remember when everyone said Tim Cook would change Apple after Steve Jobs? He did. For the better.
Steve Tobak
Putting Off Your Succession Plan? Don't.
National Small Business Week

Putting Off Your Succession Plan? Don't.

What if you die? What if you want to take a year-long sabbatical to Africa? Training and succession planning can ensure your company's long-term survival.
Geoff Weiss
Can Your Business Live Without You?
Succession Planning

Can Your Business Live Without You?

Entrepreneurs who have difficulty answering this question may be facing a planning issue that involves far more than arranging their time off.
Beth Miller
I Gave My Business Away. Here Are 3 Reasons Why.
Exit Strategies

I Gave My Business Away. Here Are 3 Reasons Why.

Would you simply give your business away instead of selling it for a profit?
Simon Cohen
Market Basket's Family Feud Risks a Loss of Its Loyal Following
Family Businesses

Market Basket's Family Feud Risks a Loss of Its Loyal Following

Happy employees and great prices lead to devoted customers, or so the theory goes. A New England supermarket chain may sacrifice all this in a battle of cousins.
Peter S. Cohan
How a Family-Owned Firm Can Beat the Odds and Pivot
Family Businesses

How a Family-Owned Firm Can Beat the Odds and Pivot

Use a leadership change as a catalyst for a shift in the business model to keep up with trends.
Sabrina Parsons
7 Lessons in Harmony for Family Startups
Family Businesses

7 Lessons in Harmony for Family Startups

Running a family business can unite members of a family but it can also tear them apart. Here are some tips keeping the peace, both at home and at the office.
Christopher Hann
U.K. Dad Decides to Give Away His Startup
Exit Strategies

U.K. Dad Decides to Give Away His Startup

This entrepreneur isn't interested in selling his startup. His exit strategy is to simply give the business away.
Jason Fell