Keeping it in the Family: How to Plan a Successful Succession

When an owner of a privately held company is ready to exit the enterprise, he or she has a variety of options. From selling the company, to setting up a trust or passing the torch to the next generation, there can be a lot to consider. As a third-generat...
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R.I.P. Poor Little Groundhog

Happy Groundhog Day. ...unless you're in Milltown, New Jersey. Just one day before the town's legendary Milltown Mel was going to issue his annual weather prediction, the poor guy... expired. Of course, Milltown's mayor paid homage: "We Wranglers ...
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The Great Resignation: Senior Leaders and the Career Choice Trade Off

The last two years have been challenging, but they have also taught us a lot. The Covid-19 pandemic has caused many across the world to revaluate their long-term career and life goals. Although some sectors were impacted more than others, the global health ...
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Succession Planning for Nonprofit Organizations

Preparing for planned and emergency nonprofit CEO transitions The nonprofit CEO is critical to an organization's success. Across all sectors of the industry, the nonprofit leader provides extraordinary service to the organizations that save lives, ...
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What Mobsters Can Teach Elon Musk About Succession Planning

Tesla's valuation is at an all-time high and its talented founder, Elon Musk, recently revealed that he had tested positive for COVID-19. Fortunately, it was a mild case. But that has not been the situation for dozens of other leaders of publicly traded ...
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Why Succession Planning is More Important Than Ever Before

Many companies have committed to diversifying their leadership teams and board members, but diversification will only happen if they act proactively. Understandably, these same companies are suspending executive searches and succession planning programs ...
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6 results for tag: succession planning