Successor Identification - Create A Program for Testing Them Out!
Shel Silverstein writes children’s books. In one called The Missing Piece Meets the Big O, he covers the role of succession development with a simplicity and singleness of purpose. For our purposes, the Big O is access to the legendary corner office; and the missing piece is the person who sits in that office after you are finished with it. But, before there can be successor development, there must be a successor identification program in place. That successor could be a family member, a key manager, or a partner. Regardless of which, the person chosen must also be a leader. To read the end of this blog, click here. Labels: business succession planning, exit strategy, family business succession planning, successor development |
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