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SUCCESSION PLANNING FOR SUSTAINABLE BUSINESSES

Some of the issues faced by Organisations:

  No succession planning;
  Complacency has set in due to previous success/size/market position/etc.
  Smaller competitors are undermining parts of the organisations
  The market is moving to other products/brands.
  There is no focus on ongoing improvement & productivity.

If this reflects your organisation, ask yourself some questions:

  Have you prepared your business for a future without you ?
  Have you prepared yourself for a future outside of the business?
  Do you know who will be running your business in 5 years?
  Do you plan on making money out of your business after you leave it?
  Have you set up your business to maximise your return from the business?

 

To help you prepare some of the answers download our free article:

'7 Ideas for Improved Staff Retention'

 

Selecting this document is a good start, but if you really want to prepare for your future you need to do more than download a brochure.

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