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Handing Over the Reigns is a must read for anyone who is contemplating passing their business on to the next generation.This book is based on Richard’s experience in a 4th generation 100 year old family business and from the work he has done with many other privately held companies in the UK and USA.Key takeaways for the reader are: * How to get clear on what a successful Succession Plan looks like for your company* Why having a Pre-Plan maximizes your chances of a smooth leadership transition* How to develop a credible short list of qualified successors* The importance of creating a meaningful role for the former owner/leader* How to cultivate a team of A Players as your Advisory Council
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Handing Over the Reigns is a must read for anyone who is contemplating passing their business on to the next generation.This book is based on Richard’s experience in a 4th generation 100 year old family business and from the work he has done with many other privately held companies in the UK and USA.Key takeaways for the reader are: * How to get clear on what a successful Succession Plan looks like for your company* Why having a Pre-Plan maximizes your chances of a smooth leadership transition* How to develop a credible short list of qualified successors* The importance of creating a meaningful role for the former owner/leader* How to cultivate a team of A Players as your Advisory Council