Skip to main content

Transition or separation

Transition or Separation

Kenny Rogers sang of the importance of knowing “when to hold ’em, and when to fold ’em”. Any succession plan worth its salt isn’t just a plan of who will succeed whom in running the business. It also needs a “Plan B” for the scenarios where the chosen successor is unwilling or unable, where there is no successor, or where a generational transition of the business might lead to serious conflict. by David Werdiger

Print Friendly, PDF & Email

Leave a Reply

Time limit is exhausted. Please reload CAPTCHA.