Does a strongly opinionated, mercurial leader create an environment appropriate for succession? ‎ What style is “best” to facilitate succession? The recently decided American election race presents (Jan 6 just around the corner) a great opportunity to compare the success of markedly different styles in a very short period of time, like a social experiment.

Harris is the consummate politician, collaborative and carefully planned. Trump is an entrepreneur, clever and able to seize on opportunities and perceived weaknesses. Either style could have conceivably won this election.

For your enterprise:

– as a leader, identify what is your style‎?
– is succession of leadership and ownership considered important to you and to the family?
– does succession form part of the strategy and planning?

‎In my view, succession should be part of the strategic planning for all enterprises and at all stages; for example, tech entrepreneurs throughout the rounds of financing are asked and should consider their exit strategy. This takes deep thinking and will be a challenge. Do choose a strategy and direction for your succession plan: that will be a great start.

Learn, think, apply!