Does your firm have a mission statement? Many believe that a mission statement is simply a platitude to enable the business to thinly disguise its true intent, being profit. Remember, “A goal without a plan is just a wish” – Antoine de Saint-Exupery. A mission can be much more than just a direction for a […]
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Some points and issues for consideration that could facilitate the succession of your business. You could use list this as a regular check up tool to assess the general health of your business: 1. have you identified the company’s key performance indicators (KPI’s), http://successinsuccession.wordpress.com/2011/03/13/succession-key-performance-indicators/ 2. what are the benchmarks for your KPI’s 3. have you identified […]
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From the outset, you should begin to assemble your team to be key players in the succession of your business.
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Many business people are successful having achieved their success by being great at something that other people would pay for.
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Succession for your family enterprise is about thinking long term, beyond your immediate plannning and sometimes considers matters well into the next generations.
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