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Dynastic Planning

Dynastic Planning
Author: Walid S. Chiniara
Publisher: Business Expert Press
Total Pages: 181
Release: 2020-05-06
Genre: Business & Economics
ISBN: 1949991830

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This book is designed to be a guide to demystify the journey leading to preserving family legacy. It is based on the fact that a family business is a partnership among its members, and that the most successful family business succession plan is the one devised by the family itself. In this book, the author shares his unique experience working with hundreds of business families and next-generation family business entrepreneurs from across the world. His 7-Step MethodologyTM offers an innovative and a systemic approach to family business succession planning and related conflict management. It focuses on the importance of maintaining an open dialogue among family members, and it paves the way to a structured conversation among those interested in achieving an orderly transfer of wealth from one generation to another. The author further discusses the elements that traditionally cause tensions among partners who happen to be family members, and offers solutions that have been tried and tested over two decades and that are based on real-life examples and success stories. This text is designed for families in business who wish to start a succession planning conversation and to family business advisors invited to facilitate such a conversation.


Securing the Future, Volume 1

Securing the Future, Volume 1
Author: William Reeb
Publisher: John Wiley & Sons
Total Pages: 176
Release: 2016-11-21
Genre: Business & Economics
ISBN: 1940235588

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Is your firm poised for long-term success and viability? Do you even know what that looks like for your firm? The reality is that most CPA firms have their work cut out for them if they want exiting partners to retire comfortably and future leaders to flourish. In the new edition of this popular book and its companion workbook, Reeb and Cingoranelli impart the same no-nonsense advice on succession planning and management that they share with their clients, providing you with the benefits of their years of experience, research, and methodologies. Volume 1 covers fundamental succession and management concepts to ensure that every partner and manager is on the same page and working toward a shared vision. After reading this book you will be able to: Take steps to maximize your firm’s value Shore up your business strategy and operations Remove personal preferences and entitlements from partner discussions Build a strong partner group Ensure your firm survives the departure of key people by creating or improving your succession plan, and more!


Growing a Business Empire: How to Effectively Manage Leadership Succession for Organizational Growth

Growing a Business Empire: How to Effectively Manage Leadership Succession for Organizational Growth
Author: Mary Mugo
Publisher:
Total Pages: 142
Release: 2019-09-22
Genre: Business & Economics
ISBN: 9789966821423

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Building a growing and enduring business is the dream of every entrepreneur.Every business leader desires to hand over leadership to a person who will ensuresustainable growth and continuity. Many businesses have stagnated and failed totake advantage of the international market due to ineffective succession planning.Effective management succession coupled with the right growth strategies iscritical to the growth of any organization.Majority of Family Businesses are characterised by alarming deteriorating"survival rates". Statistics show that about one third of family businesses survivethe transition from the founders (1st generation) to the 2nd generation ofowner-management. The Chandaria family business cited in this book, which isin its 5th generation and in more than 40 countries is an ideal case of effectivesuccession management.This book reveals practical effective succession planning, succession timing andsuccession management strategies. It also provides a comprehensive view ofvarious strategic issues related to growth in any business. This book will helpentrepreneurs and business leaders to do the right thing and ensure businesscontinuity and growth.


Succession Planning Basics, 2nd Edition

Succession Planning Basics, 2nd Edition
Author: Christee Atwood
Publisher: Association for Talent Development
Total Pages: 219
Release: 2020-03-10
Genre: Business & Economics
ISBN: 1950496589

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Design your succession planning strategy. Succession Planning Basics will equip you with the background and implementation tools you need to devise and execute a forward-thinking succession planning program for your organization. It offers theory, processes, and best practices for organizations embarking on a succession-planning project, addressing the basic concepts and steps for success. This book is for management professionals considering succession planning for their organizations, organizational development professionals at the beginning of their careers, human resources professionals wanting to move away from replacement hiring, and trainers needing a basic understanding of succession planning for employee development plans. This second edition looks closer at tools and new developments in software that can streamline planning efforts as well as updated best practices and considerations for addressing the needs of every generation when creating succession plans. Chapters include assessment tools, exercises, and job aids. Succession Planning Basics is part of ATD’s Training Basics series.


Business Succession Planning

Business Succession Planning
Author: Mohammad Aljeemaz
Publisher: Mohammad Aljeemaz
Total Pages: 45
Release:
Genre: Business & Economics
ISBN: 1640083480

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Business succession planning is an ongoing process that identifies necessary competencies, then works to assess, develop, and retain a talent pool of employees, in order to ensure a continuity of leadership for all critical positions. Succession planning is a specific strategy, which spells out the particular steps to be followed to achieve the mission, goals, and initiatives identified in workforce planning. It is a plan that managers can follow, implement, and customize to meet the needs of their organization.


Passing the Torch

Passing the Torch
Author: Wanda Pina-Ramirez
Publisher: Association for Talent Development
Total Pages: 185
Release: 2015-05-22
Genre: Business & Economics
ISBN: 160728278X

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Don’t wait for a crisis. Maintain business continuity with a succession plan. One hundred percent of top global companies—and 72 percent of all companies—have a formal succession planning process. If your company is in the minority, a move in the right direction is easier than you may think. Authored by talent development experts Wanda Piña-Ramírez and Norma Dávila, this workbook highlights the importance of knowledge transfer in a time of fierce competition for talent, an aging workforce, and a critical shortage of people with the right set of skills. Indispensable for the CEO as well as the small business owner, Passing the Torch presents stories from the boardroom to the family-owned bakery, and from the car dealership to the beach resort hotel. This is a book for all with a stake in maintaining the livelihood of a business and contains templates to guide you through the seven steps of the succession planning life cycle. In this book, you will learn: why all companies, regardless of industry or size, must create a succession plan how to create a business case to guide your company through the succession planning life cycle how to identify key positions and retain key people in your company


Succession Planning

Succession Planning
Author: Pamela A. Gordon
Publisher: Springer
Total Pages: 254
Release: 2018-03-07
Genre: Business & Economics
ISBN: 3319725327

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This book examines current research related to succession planning strategies and tactics. The authors compare and contrast the rationale and processes needed for effective and efficient succession planning. This is a comprehensive endeavor exploring succession planning across today’s key disciplines: business, education, and healthcare. Succession planning is examined from the commercial, government, and non-profit lens. The book features active research, broad literature reviews, and examines conceptual frameworks. From this valuable contribution to succession planning research, readers will receive a thorough assessment of the theoretical foundations of succession planning and ethical considerations for sustainable leadership.


Succession Planning and Management: A Guide to Organizational Systems and Practices

Succession Planning and Management: A Guide to Organizational Systems and Practices
Author: David Berke
Publisher: Center for Creative Leadership
Total Pages: 52
Release: 2005-06-24
Genre: Business & Economics
ISBN: 1604917415

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The purpose of succession-related practices is to ensure that there are ready replacements for key positions in an organization so that turnover will not negatively affect the organization's performance. CCL first published an annotated bibliography on succession planning in 1995. That bibliography focused primarily on the link between succession and management development. This bibliography has a broader scope; it is an update and expansion, commensurate with the maturation of this area of practice. In addition to linkages between succession and development, we also consider representative literature on CEO succession, high potentials, and succession systems and architecture. It is hoped that those who use this bibliography will find resources that help them in conceptualizing, planning, and implementing effective succession systems in their organizations.


Business Succession Planning For Dummies

Business Succession Planning For Dummies
Author: Arnold Dahlke
Publisher: John Wiley & Sons
Total Pages: 279
Release: 2012-04-10
Genre: Business & Economics
ISBN: 1118095146

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The fast and easy way to get a handle on business succession planning While the demand for effective managers continues to grow, the retirement of baby boomers is producing a sharp decline in the ranks of available management personnel. In addition, the executives of the future are expected to be more sophisticated in order to develop and lead new global and technological initiatives. For these reasons, strategic and often long-sighted succession planning for the eventual replacement of managers at all levels has reached a critical level. Business Succession Planning For Dummies aids managers, human resource professionals, and upper management in cultivating and retaining their existing employees to ensure the availability and capability of persons to assume leadership roles in the future. In plain English, it prepares business owners to ask the difficult questions when it comes to developing a working succession plan for their businesses key positions. This book also offers information on how to retain and train personnel within an organization so that a more seamless transition can be made when a senior leader or other important personnel retires or leaves the organization. How to retain and train personnel for a more seamless transition Easy-to-follow guidance on developing a working succession plan Tips to create a plan to save time, money, knowledge, and clients by hiring from within If you're a manager or human resources professional looking to develop a working succession plan, this hands-on, friendly guide has you covered.