Don’t Neglect the People Side of Succession Planning

The legal and financial aspects of succession planning for a company oftentimes get priority, but remember that people are at the heart of a business operation transition. Here’s some info to keep in mind.

Don’t Neglect the People Side of Succession Planning

As a company leader, you may be thinking about transitioning out of day-to-day operations or turning things over completely.

In most succession plans, the legal and financial sides are usually considered carefully. However, the “people” side is often not planned and executed...

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