Succession Planning
1 in 10 Leaders Say Succession Planning Is Not Worth the Time and Money It Costs — Here's Why They're Wrong.
While seemingly straightforward, succession planning for business owners can take several different forms, each with its own set of pros and cons. You need to understand your options when you inevitably sell or pass down your business someday.
'Wolf in Cashmere' Bernard Arnault Has a Cutthroat Reputation. In a 'Succession'-Like Drama, He's Eyeing His Replacement — and It Might Not Be Family.
The billionaire, once the richest man in the world, is keeping his options open.
'Work Your A-- Off and Give a S--t': Jamie Dimon Offers Advice to His Future Successor
The Chairman and CEO of JPMorgan Chase detailed his feelings on the ideal traits of his successor at JPMorgan Chase's 2023 Investor Day.
How to Sustain a Family Business Across Generations
It can be tempting to assume the next generation is ready to take over your company and allow you to enjoy your twilight years, but you must ensure they have time to develop skills and realize their identity.
A 4th-Generation CEO Reveals How to Avoid 'Succession''s All-Too-Real Dysfunction in Your Own Business — Family-Run or Not
Julie Charlestein, CEO of Premier Dental Products Company, shares four essential tips for a successful leadership switch-up.
I Advise the Real-Life 'Logan Roys' of the World. Here's Where the 'Succession' CEO Went Wrong.
Based on my experience working with and counseling the real-life Logan Roys of the world, here are five lessons the Roy family could benefit from learning.
Want Your Succession Plan to Succeed? Avoid These 8 Stumbling Blocks.
Key steps along the way can protect you - and the business you're selling.
How To Create A High-Performing Strategic Plan
A high-performing strategic plan is the roadmap for your business and will help guide you through all kinds of decisions you'll be making.
The Surprising Hiring Lesson Revealed in 'Charlie and the Chocolate Factory'
If Willy Wonka had done research on succession planning, the story could have turned out much differently.
Financial Literacy is Not Taught in Schools: Here's How It Can Be Learned
Reframe how you look at and invest in your own legacy.
Unconventional Ways to Source Diverse Talent
Bring in top talent and add to the overall growth and diversity of your organization.
What Mobsters Can Teach Elon Musk About Succession Planning
Lessons from organized crime about orderly transitions of power.
4 Lessons on Succession Planning for Entrepreneurs
In honor of National Life Insurance Month, a quick primer on what you should be doing now.
Succession Planning - Myths Vs Facts
In the wake of COVID-19 and the uncertainty it presents, it is imperative to revisit succession planning and understand what it entails to sustain and survive large businesses
5 Factors for Planning Your Entrepreneurial Legacy
Surviving day-to-day economic realities may make thinking ahead feel like a luxury, but now is the perfect time to lay it all on the line.