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 ...

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, ...

The departure of skilled IT professionals can lead to various disruptions. One way to avoid this staffing challenge is to carry out succession planning for IT. Organizations of virtually any type or ...

"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 ...

Technological changes, the tech talent shortage and exiting leadership have created an increasingly complex business environment. Many companies are not prepared to savvily navigate emerging ...

The numbers may vary, but a myriad of studies show the same issues: Baby boomers are retiring at record rates, many of your workers are looking for new jobs and you're going to have a shortfall of ...

I recently had the pleasure of sitting down with Lisa Levy, a business strategy and organizational development thought leader. Our conversation delved into the complexities and importance of ...

How succession planning for businesses protects family wealth and establishes a sustainable framework that can insulate ...

Simon Bedard, CEO at Exit Advisory Group, an advisory firm that focuses on mergers & acquisitions, exit strategies and business valuations. “Every entrepreneur exits. It’s one of the few absolute ...

My own exit strategy was designed the day I started in this industry, and too many advisors wait until it's too late to start ...

While two-thirds (64 percent) of business owners have a succession plan in place, a new study by Edward Jones highlights the complexities and emotional challenges entrepreneurs face in preparing for ...

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