Changing Places:Making a Success of Succession Planning for Entrepreneurs and Family Business Owners David Franzetta

ISBN: 9781477266939

Published: October 2nd 2012

Paperback

128 pages


Description

Changing Places:Making a Success of Succession Planning for Entrepreneurs and Family Business Owners  by  David Franzetta

Changing Places:Making a Success of Succession Planning for Entrepreneurs and Family Business Owners by David Franzetta
October 2nd 2012 | Paperback | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 128 pages | ISBN: 9781477266939 | 3.76 Mb

Youve built your company up and made it a success. How can you be sure that the next generation of company leadership will sustain your success? What rolewill you play in that evolution? And where can you, the small business owner, look for helpMoreYouve built your company up and made it a success. How can you be sure that the next generation of company leadership will sustain your success? What rolewill you play in that evolution?

And where can you, the small business owner, look for help with succession planning, when most of the literature on thesubject is aimed at the HR departments of Fortune 500 companies?Changing Places is written for you, filling that gap by preparing you to deal with the complex web of emotionally charged situations that arise fromconflicting personal, family and business goals. Throughout the book, Dave Franzetta and Moss Jackson emphasize the importance of managing not only thestructural changes that you set in place, but also the personal, transitional challenges that arise from changing circumstances.

They take you through allthe important components of planning your exit and managing the transitions, beginning with preparing for your own, personal transition by creating yourpersonal succession planning roadmap and building a transition advisory team. Other chapters are devoted to critical topics, such as hiring, leaderselection and leadership development for smaller firms, leading to a discussion of options for changeover and buyout funding, concluding with advice onpreparing your company for sale to outsiders when that is your best option.Whether you are ready to step down soon, or ten years down the road, Changing Places is your essential guide.

Every topic is thoroughly informed by theauthors’ decades of experience. Their stories bring to life the potential problems faced by business owners, and the practical solutions others haveadopted. Thought provoking questions at the end of each chapter will launch and direct your own succession and transition plans.Start your leadership transition journey now. Changing Places will help you keep the success in succession planning.



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