Succession Planning Archives | Vistage Research Center http://www.vistage.com/research-center/category/talent-management/succession-planning/feed/ Resource for Business Leadership, Coaching, and CEOs Wed, 09 Oct 2024 10:43:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.5 141323424 What do the world’s most successful CEOs have in common? /research-center/business-leadership/business-innovation/what-do-the-worlds-most-successful-ceos-have-in-common/?utm_source=rss&utm_medium=rss&utm_campaign=what-do-the-worlds-most-successful-ceos-have-in-common /research-center/business-leadership/business-innovation/what-do-the-worlds-most-successful-ceos-have-in-common/#respond Thu, 19 Sep 2024 09:01:49 +0000 /research-center/uncategorized/what-do-the-worlds-most-successful-ceos-have-in-common/ There are many things that contribute to a CEO’s success. Determination, confidence, knowledge and experience go, of course, without saying.  However, there are also habits that you can practise every day: habits that, if consistently practised, can transform you from...

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4 factors that bring new urgency to CEO succession planning [New report] /research-center/talent-management/succession-planning/20240621-succession-planning-report/?utm_source=rss&utm_medium=rss&utm_campaign=20240621-succession-planning-report /research-center/talent-management/succession-planning/20240621-succession-planning-report/#respond Fri, 21 Jun 2024 16:05:00 +0000 /research-center/?p=45760 Succession planning is both urgent and important for CEOs. It becomes urgent when the departure of the CEO or key leader impacts the organization. The “next up” philosophy works well in sports and for big companies, but small and midsize...

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3 succession scenarios every CEO should plan for /research-center/talent-management/succession-planning/20240618-succession-scenarios/?utm_source=rss&utm_medium=rss&utm_campaign=20240618-succession-scenarios /research-center/talent-management/succession-planning/20240618-succession-scenarios/#respond Tue, 18 Jun 2024 16:41:27 +0000 /research-center/?p=45656 Succession planning has always been important, but not critical. Now, in 2024, it has evolved from “should do” to “must-do” and “cannot wait.” Many external factors make it increasingly pertinent for organizations and leaders to identify their next-in-line. First, we...

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10 critical factors to evaluate before selling your small business /research-center/talent-management/succession-planning/20231025-selling-your-small-business/?utm_source=rss&utm_medium=rss&utm_campaign=20231025-selling-your-small-business /research-center/talent-management/succession-planning/20231025-selling-your-small-business/#respond Wed, 25 Oct 2023 21:10:00 +0000 /research-center/?p=44495 Chris Younger, author of “Harvest: The Definitive Guide to Selling Your Company,” will give it to you straight: “Every entrepreneur will exit their business, either vertically or horizontally.” He explains that the options are limited. If you aren’t passing the...

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Planning for business continuity in every eventuality /research-center/talent-management/succession-planning/20180125-planning-business-continuity-every-eventuality/?utm_source=rss&utm_medium=rss&utm_campaign=20180125-planning-business-continuity-every-eventuality /research-center/talent-management/succession-planning/20180125-planning-business-continuity-every-eventuality/#respond Thu, 25 Jan 2018 10:40:18 +0000 /research-center/?p=22691 Watch the webinar ‘Essential Succession Planning for the Savvy Business Owner.’ How would you feel about being a shareholder with your business partner’s spouse? Did your family receive fair value for all of your hard work? Are you giving the...

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The business owner’s ‘pre-nup’ /research-center/talent-management/succession-planning/20170510-business-owners-pre-nup/?utm_source=rss&utm_medium=rss&utm_campaign=20170510-business-owners-pre-nup /research-center/talent-management/succession-planning/20170510-business-owners-pre-nup/#respond Mon, 08 May 2017 17:00:41 +0000 https://2017.vistage.com/research-center/?p=21533 Most private business owners know that creating a business succession plan is important, even if — in the all-consuming crush of managing and growing their businesses — they sometimes put it off longer than they probably should. They are often...

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Succession planning: It’s not just for retirement anymore /research-center/talent-management/succession-planning/20170424-succession-planning-not-just-retirement-anymore/?utm_source=rss&utm_medium=rss&utm_campaign=20170424-succession-planning-not-just-retirement-anymore /research-center/talent-management/succession-planning/20170424-succession-planning-not-just-retirement-anymore/#respond Mon, 24 Apr 2017 10:00:32 +0000 https://2017.vistage.com/research-center/?p=21530 Despite common misconceptions, succession planning is not necessarily solely about retirement. Rather it’s about opening doors for business owners and helping them take advantage of emerging business opportunities. Succession for survival Succession planning is crucial for any business—and its reputation...

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Succession planning for your company’s future [video podcast] /research-center/talent-management/succession-planning/20170302-strategic-planning-strategic-leadership-companys-future-video-podcast/?utm_source=rss&utm_medium=rss&utm_campaign=20170302-strategic-planning-strategic-leadership-companys-future-video-podcast /research-center/talent-management/succession-planning/20170302-strategic-planning-strategic-leadership-companys-future-video-podcast/#respond Mon, 13 Mar 2017 10:00:49 +0000 https://2017.vistage.com/research-center/?p=21158 In this edition of the Vistage Podcast series, CEO and best-selling author Patrick Ungashick builds a persuasive case that succession planning is not a task to be put off for some distant day. Instead, this succession-planning veteran of more than...

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Identifying the leaders for your succession plan [video] /research-center/talent-management/succession-planning/20170309-identifying-leaders-succession-planning/?utm_source=rss&utm_medium=rss&utm_campaign=20170309-identifying-leaders-succession-planning /research-center/talent-management/succession-planning/20170309-identifying-leaders-succession-planning/#respond Thu, 09 Mar 2017 09:00:39 +0000 https://2017.vistage.com/research-center/?p=21079 “What if, instead of picking a leader, you let the leaders rise to the top?” — Scot Hunsaker The will and ability to lead Succession planning is one of any CEO’s top concerns, as evidenced by Vistage CEO Confidence Index...

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8 steps to take toward a succession plan /research-center/talent-management/succession-planning/20170306-the-8-step-succession-plan/?utm_source=rss&utm_medium=rss&utm_campaign=20170306-the-8-step-succession-plan /research-center/talent-management/succession-planning/20170306-the-8-step-succession-plan/#comments Mon, 06 Mar 2017 10:00:10 +0000 http://blog.vistage.com/?p=15105 I have had the good fortune to work with dozens of closely held enterprises, many of them multi-generational family businesses.  Such organizations face myriad complex problems, and succession planning takes a back seat to the issues of the day. Often,...

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