The Steps to Succession
Effective transitions require more than planning.
Spend time on one of the variables in the operation over which you have control.
Adjustments to business plans should be made sooner rather than later.
“Growth confronts entrepreneurs with new challenges for which they are ill-equipped.”
Understand this aspect of emotional systems to better manage your operation.
“I never made a mistake in my life. I thought I did once, but I was wrong.”
-Charles M. Schulz
Family members are more productive when given opportunities to develop new skills.
An effective transition requires knowledge of both strengths and weaknesses.