Succession planning needs to be the focus of businesses. Current leadership should always be on the lookout for talented people to train and develop into future leadership roles. The seamless ...

Compare your farm’s succession plan to a 1,000-piece jigsaw puzzle. You know your end goal is a beautiful picture of family harmony, financial success and an operation that grows into the future.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Every company has a short list of considerations when it ...

WealthChoice's Bridge Venus Grimes urges colleagues to prioritize succession planning as only 6% have documented plans ...

From my experience, most small to mid-sized businesses treat succession planning as a one-time event or something to figure out when leadership changes are near. In my opinion, that’s too late. When I ...

Transferring assets can be one of the easiest parts of a succession plan. A bigger challenge is transferring management, knowledge and business acumen. “The economic reality is that for your business ...

I started my first business in high school. I had worked on it through college, and I had so much of myself invested in this company that it was pretty much the core of my identity at the time. So, ...

Families planning the transfer of farms to the next generation of operators seek information and resources. Purdue Extension’s Succession Planning Resource is designed to help Indiana farm families ...

Just 13 percent of family business members in the next generation say the business would “continue to run smoothly and without interruption if an important family employee moved on, retired, or passed ...

Building successful hospital-physician relationships all comes down to successful communication, according to Ray Leggett, president and CEO of CarolinaEast Health System in New Bern, N.C. He has ...

Apple (AAPL) is ramping up CEO succession planning efforts as Tim Cook may step down as soon as next year, the Financial Times reported, citing people familiar with discussions within the company.