Did you know that most family business succession plans fail? It’s true, just look at the otherwise successful businesses that do not survive from one generation to the next. Most succession plans fail. The plan itself might or might not have achieved the family’s objectives for family business succession and transition to the next generation, but it ran out of gas before it was ever completed.
http://waynemessick.com/strategic-planning/family-organizational-transition-planning-is-definitely-strategic-planningThursday, September 5, 2013
Monday, July 15, 2013
Family Business Succession Planning Should Include Executive Succession Planning Too
Most articles and speeches by folks claiming to know everything there is to know about family business succession planning invariably focus on the financial aspects. These issues and their solution have everything to do with whether or not the otherwise successful business will survive the transfer to the next generation or not. But long term survival will depend on the talent in place to run the business into the future.
http://www.waynemessick.com/business-strategic-development/executive-succession-planninghttp://Tuesday, July 2, 2013
Succession Planning Video by Kelly Coyle Wyngarden
Savvy business owners know that leaving the businesses long term future to chance of succession planning they will begin someday are for the losers. People whose businesses they will no doubt be able to acquire for pennies on the dollar to expand their successful enterprise.
http://www.waynemessick.com/succession-planning/succession-planning-kelly-coyle-wyngardenSaturday, June 1, 2013
Will Your Business Survive Its Own Success To The Next Generation?
There is no shortage of succession related articles around. In the two areas below you’ll find some. Those in the top group are here on our web site while those below are some we found for you elsewhere.
http://www.waynemessick.com/succession-planning/business-transition-planning-is-almost-certainly-strategic-planning