Many business owners are blinded by the illusion that, “If my business is successful now, it always will be.” When business owners allow this illusion to cloud their judgment they are only hurting ...

University of Delaware Cooperative Extension has recently taken an alternative approach to offering farm succession planning workshops. In cooperation with the University of Maryland Agriculture Law ...

Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

Succession planning needs to be the focus of businesses. Current leadership should always be on the lookout for talented people to train and develop into future leadership roles. The seamless ...

A mom and dad in a small west Texas town had built a nice bookkeeping business for themselves. Their two sons had developed their own careers, one in consulting and the other in technology. As the ...

Although the majority of healthcare organizations point to recruiting and retaining talent as top priorities, few take the necessary steps to establish a solid succession plan, according to executive ...

It focuses on developing internal talent but also, where necessary, it does allow us to target external recruitment where ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Baby Boomers own half of all private businesses in ...

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While the ...

The absence of succession planning in the tax and finance departments has been a challenging problem I have seen in my more than 30 years of executive search. To help with a seamless transfer of ...