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Newsletter _Current Issue

Team Solutions: Succession Planning – Not As Simple As It Seems, Part 2

In part 1 of this two-part article series, we started talking about the succession planning process. It appears to be a very simple thing to do but, in reality, building a succession plan is a very complex exercise that requires an immense amount of practice and preparation. We broke it down by defining five major areas and related action steps that must be addressed when forming a succession plan. The first categories we discussed were: anticipation (the motivation for planning succession) and selection (selecting your successor).

In this article, we’ll dive into the three remaining areas: Delegation (empowerment and training), Orientation (evaluation of your business’s health) and Transition (leaving well with a leadership legacy).

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Blog Globe

Dave Ramsey's Entreleadership: Ask Dave

Tuesday, July 28, 2015

Dear Dave,

I have no debt except for my house, and I have eight months of expenses in my emergency fund. I’d like to slowly start an online business while working my regular job, but even though I’m in pretty good financial shape, I don’t have much money left at the end of the month. How can I start my business without borrowing the money? - Kayley

 [Read More]

 


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about our flagship products and services.  The Planning for Profit Workshop is ideal for the contractor who needs a comprehensive review of their business.  Labor Pricing for Profit Software is our premier resource for determining labor pricing.  Team Solutions Assessments are key to building a successful work environment.  Profit University Audio Series is a must have tool to continue learning how to improve your business.

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