The Art Of Business Succession
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| Author | : Craig Holland |
| Publisher | : John Wiley & Sons |
| Total Pages | : 186 |
| Release | : 2016-05-04 |
| Genre | : Business & Economics |
| ISBN | : 1118320387 |
As the majority of baby boomers retire over the next five to 10 years, succession planning will be vital for the long-term survival of many businesses. Australia is about to see a huge transfer of wealth from the baby boomer generation, yet many businesses, particularly family-owned businesses, struggle to ensure a smooth transition of business management and ownership. Myriad studies show that fewer than 30 per cent of private businesses have an achievable succession plan in place. Most business owners do nothing or they choose to focus on one area in the succession planning process such as tax, while ignoring many of the other key issues that need to be dealt with. For companies that are family owned, the ramifications may be even more sweeping. The personal issues they face, compounding other day-to-day business concerns, range from planning for income taxes to maintaining interpersonal relationships with family members. Succession planning is more complex now as many different business, financial and personal issues come into play. A good succession plan will look at a range of issues such as people and talent, family dynamics, corporate structure, estate planning, insurance and share transfer to name just a few. The Art of Business Succession Planning is for anyone in business who wants to have a change, retire or simply sell their business. It is designed to guide business owners through a comprehensive and strategic approach to the business succession process. The opportunities and benefits are great when succession planning is undertaken in a disciplined way.
| Author | : Cannon O'Neil, Cannon, Hollman, DeJong & Laing S.C. |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 114 |
| Release | : 2018-05-17 |
| Genre | : |
| ISBN | : 9781719304597 |
If you own a family business, you should be thinking about your succession plan.Whether you plan to sell the business to fund your own retirement or pass it on to your descendants or other key employees, there are questions you need to be asking:* Am I prepared to consider transferring ownership or control of my business during my lifetime?* Have I made sure that the transition will be orderly? * Will my key employees stay with my firm rather than seeking more secure employment? * Is my estate sufficiently diversified so that children who are not active in the business may be treated fairly alongside those receiving an interest in the business? Now is the time to incorporate Business Succession into your retirement and estate planning. The book in your hands provides an ideal starting point.
| Author | : Thomas Cannon |
| Publisher | : |
| Total Pages | : 114 |
| Release | : 2018-05 |
| Genre | : |
| ISBN | : 9781718649972 |
If you own a family business, you should be thinking about your succession plan.Whether you plan to sell the business to fund your own retirement or pass it on to your descendants or other key employees, there are questions you need to be asking:* Am I prepared to consider transferring ownership or control of my business during my lifetime?* Have I made sure that the transition will be orderly? * Will my key employees stay with my firm rather than seeking more secure employment? * Is my estate sufficiently diversified so that children who are not active in the business may be treated fairly alongside those receiving an interest in the business? Now is the time to incorporate Business Succession into your retirement and estate planning. The book in your hands provides an ideal starting point.
| Author | : William J. Rothwell |
| Publisher | : Amacom |
| Total Pages | : 512 |
| Release | : 2015-10-27 |
| Genre | : Business & Economics |
| ISBN | : 9780814449158 |
Organizations that don't take steps to address future talent needs at all levels will face certain disruptions, and even disasters, when key employees leave. The most comprehensive book on the subject, Effective Succession Planning helps readers: Identify competencies and clarify organizational values * Plan for and quickly fill crucial vacancies at all levels * Develop and retain top talent, building and preserving the organization's intellectual capital * Assess current needs and future resources for seamless succession planning * And more Covering best practices, current trends, and the latest technology, the fifth edition also features new and revised material on: succession planning for small businesses and nonprofits; replacement planning; transition management; downsizing; international issues; mergers and acquisitions as a talent strategy; and succession planning for technical positions as well as roles built on longstanding social relationships. Packed with enlightening case studies and practical guidance, Effective Succession Planning remains an indispensable resource for any organization concerned with retaining the accumulated wisdom of its most valued employees.
| Author | : Meridith Elliott Powell, MBA, CSP |
| Publisher | : Sound Wisdom |
| Total Pages | : 161 |
| Release | : 2022-04-19 |
| Genre | : Business & Economics |
| ISBN | : 1640953892 |
Leaders leave. It’s inevitable. It might even happen today. Are you prepared? Every organization needs a plan for leadership succession, but few leaders know how to start the process. WHO COMES NEXT? solves that problem and easily guides you through the steps of creating a viable succession plan. The book simplifies the process and gives you the tools you need to build and activate your leadership succession. Whether you are part of a small, family business or a Fortune 500 company, you need to start now by answering the question: WHO COMES NEXT? “This book is a comprehensive look at succession planning, but with a refreshing spin that favors the practical over the theoretical. It’s applicable to any industry, and readers will benefit from action items, tools, and resources with every chapter. Succession planning has never been more critical, and this book is a must-read for any professional looking to answer the question, “Who Comes Next?” --Michael Delucchi, President and Chief Elevation Officer, The Elevate Group “Meridith and Mary are my ‘go to’ experts for succession planning, and they’ve created the definitive guide for how to build a strong succession plan. In this book, they break it down, give you a strategy, and deliver everything you need to create leadership depth at every level of your organization.” --Angela Cox Weston, President, Midwest Speakers Bureau “Succession planning goes way beyond the person at the head of the company. Depth on the bench is essential to ensure an organization’s resiliency and contingency planning.” --Eric Holloway, Captain, U.S. Navy (ret)
| Author | : William Rothwell |
| Publisher | : AMACOM |
| Total Pages | : 491 |
| Release | : 2010-04-21 |
| Genre | : Business & Economics |
| ISBN | : 0814414176 |
William Rothwell honored with the ASTD Distinguished Contribution Award in Workplace Learning and Performance. The definitive guide to a timely and timeless topic-- now fully revised and updated. As baby boomers continue to retire en masse from executive suites, managerial offices, and specialized or technical jobs, the question is—who will take their places? This loss of valuable institutional memory has made it apparent that no organization can afford to be without a strong succession program. Now in its fourth edition, Effective Succession Planning provides the tools organizations need to establish, revitalize, or revise their own succession planning and management (SP&M) programs. The book has been fully updated to address challenges brought on by sea changes such as globalization, recession, technology, and the aftereffects of the terror attacks. It features new sections on identifying and assessing competencies and future needs; management vs. technical succession planning; and ethics and conduct; and new chapters on integrating recruitment and retention strategies with succession planning programs. This edition incorporates the results of two extensive new surveys, and includes a Quick Start guide to help begin immediate implementation as well as a CD-ROM packed with assessments, checklists, customizable guides, and other practical tools.
| Author | : K. LeCouvie |
| Publisher | : Springer |
| Total Pages | : 207 |
| Release | : 2017-07-03 |
| Genre | : Business & Economics |
| ISBN | : 1137280921 |
The first ever comprehensive guide to family business succession planning. This book covers everything from what family business ownership is and how to structure ownership bylaws to business structure, leadership transition, and how a founder exits the business. Drawing on original research, case studies, and white papers, Family Business Succession is a thorough, complete, and "required reading" for every family member working in a family business.
| Author | : Noel M. Tichy |
| Publisher | : Penguin |
| Total Pages | : 440 |
| Release | : 2014-11-13 |
| Genre | : Business & Economics |
| ISBN | : 0698151666 |
Noel Tichy has been the trusted adviser on management succession to companies including Royal Dutch Shell, Nokia, Intel, Ford, and Mercedes Benz. Succession distills his decades of experience and provides a practical framework for building effective transition pipelines - for multi-billion dollar conglomerates, family businesses or anything in between. Through revealing case studies - like Hewlett Packard, IBM, Yahoo and P&G - Tichy examines why some companies fail and others succeed in training and sustaining the next generation of senior leaders. He highlights the all too common mistakes that can generate embarrassing headlines and threaten survival. And he puts leadership development and succession where they belong: at the top of every leader's agenda.
| Author | : Arnold Dahlke |
| Publisher | : John Wiley & Sons |
| Total Pages | : 279 |
| Release | : 2012-04-10 |
| Genre | : Business & Economics |
| ISBN | : 1118095146 |
The fast and easy way to get a handle on business succession planning While the demand for effective managers continues to grow, the retirement of baby boomers is producing a sharp decline in the ranks of available management personnel. In addition, the executives of the future are expected to be more sophisticated in order to develop and lead new global and technological initiatives. For these reasons, strategic and often long-sighted succession planning for the eventual replacement of managers at all levels has reached a critical level. Business Succession Planning For Dummies aids managers, human resource professionals, and upper management in cultivating and retaining their existing employees to ensure the availability and capability of persons to assume leadership roles in the future. In plain English, it prepares business owners to ask the difficult questions when it comes to developing a working succession plan for their businesses key positions. This book also offers information on how to retain and train personnel within an organization so that a more seamless transition can be made when a senior leader or other important personnel retires or leaves the organization. How to retain and train personnel for a more seamless transition Easy-to-follow guidance on developing a working succession plan Tips to create a plan to save time, money, knowledge, and clients by hiring from within If you're a manager or human resources professional looking to develop a working succession plan, this hands-on, friendly guide has you covered.
| Author | : Quinn Anderson |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2023-10-25 |
| Genre | : |
| ISBN | : |
