Succession planning has always been important, but not critical. Now, in 2024, it has evolved from “should do” and “must-do” to “cannot wait.” Many external factors make it increasingly pertinent for ...
In philanthropy, just as in business, the strategic foresight to plan for leadership succession is not just wise; it's imperative. Ensuring that a foundation or philanthropic organization can continue ...
Revenued, a financial technology company serving small businesses, today released Who Takes the Keys? The State of Small Business Succession in America, a research report examining the succession ...
Succession planning is a priority in the utility industry as an aging workforce, changing technologies, and turnover reshape the sector. The utility sector faces unique challenges, striving for ...
When thinking about succession planning, it’s easy to paint a picture of something out of HBO’s Succession — sibling rivalry, a founder stepping aside, and the chosen one emerging. In reality, ...
For many entrepreneurs, their business is more than just a source of income—it's an extension of themselves representing years of hard work, financial investment, and emotional commitment. A shocking ...
In my many conversations with manufacturing industry leaders, succession planning consistently emerges as a critical challenge. When business owners start thinking about succession, it’s often because ...
Does it make sense to have a succession plan in place amid the ever-evolving landscape of today's business world, where turnover of team members and even owners has become the norm? Here, we explore ...
"In a crisis, it's not just about identifying a leader who can step in, but also about managing the firm through the crisis," write Elizabeth Lampert and Lara Cupit. The very public division within ...
A new generation of industry leaders reshapes what succession planning can look like for independent insurance agents.
According to the Hellenic Statistical Authority (ELSTAT), thousands of businesses have no plan for the future. There is ...
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