The workforce is aging, and in the next 5-8 years, 40-65% of the US public and private workforce will be ready to retire. A change in middle management and executive leadership is inevitable. Is your organization prepared? Who will transition into those roles and how will it happen? Succession planning isn’t something just “big companies” [...]
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Passing down the farm is a many faceted equation, and because it is unlikely that you have already been through it recently, it will require you to ask for help from those likely to know more than you. It includes elements of strategic planning, farm succession planning, and farm estate planning. Are you willing to [...]
Read More...It’s sad, but true, far too many people have no succession plan in place for their life’s hard work – their business. While this article is not specifically about farm succession planning, it is about succession strategies in a general sence. There are three reasons why I chose this story – click on the link [...]
Read More...Succession Planning Tricks in Your Business and Organization Instances where key positions may become suddenly a gap in your business include, in the most severe cases:- death, sudden transfers, domestic emergencies, sudden resignations and more. For this you need to be ready well beforehand, with a plan in place to make good the shortfall really [...]
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