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Successor Identification and Preparation

Successor Identification and Preparation addresses the challenge of identifying a family member, partner or key manager that has the capacity and commitment to build the competencies critical to fulfilling the role of the successor leader.

 

IMPACT ON BUSINESS SUCCESSION: puzzle_pieces_with_header.png

Moving the family business to and through the next generation requires available, capable and committed successors.  Many potential successors have problems because of unreasonable “heir to the throne” assumptions.  The best successor candidates have reasonable expectations for entry into the business based on a well-developed and customized plan for gaining progressively responsible and successful experience in the business.  

 

 

ADDITIONAL RESOURCES:

          Successor Manager Development

 

 

As business succession planners, The Rawls Group works in a quarter back role with you and your other advisors to ensure all key planning factors are working together to meet your succession goals. CONTACT US for additional information or to receive a business succession planning assessment which will identify the strengths and weaknesses impacting the ongoing success and value of your business.

 
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