Put your succession planning in place now | |
|Gordon and Tony’s feud shows that problems can arise over succession – planning could be key to future success of your business,| |says Teresa Graham, OBE | |Posted: 2005-01-17 | |[pic] | |The ongoing turmoil arising from the unresolved agreement between Tony Blair and Gordon Brown for the latter to succeed the | |former as the leader of the Labour party and eventually as Prime Minister is a clear example of the problems that arise when | |succession becomes an issue. It’s never too early to make plans concerning the future, explain Teresa Graham, OBE. | | | |Most entrepreneurs launch businesses with visions of greatness – they see themselves | | | | | |growing their companies, building mini- or mega-empires and enjoying the material and spiritual spoils of their success. | |Unfortunately, the majority of business owners don’t develop succession planning strategies, leaving them and their companies in| |turmoil when they should be executing seamless exits. | |...
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