Objectives – Obstacles – Opportunities
What are the right questions you need to ask yourself, so you discover the right answers?
- Objectives: Setting clear objectives that consider the business owner, the employees, and the clients will assure everyone wins. Our educational process helps drive an effective and efficient process.
- Obstacles: Many obstacles prevent success today. The “free agency” mindset of employees challenges the ability to recruit and retain the talent that dictates your ability to serve clients. Today’s talent is mobile, impatient, and have a desire to lead. Other obstacles include new competitors, industry and technology changes. Becoming aware of challenges helps you be efficient in your planning.
- Opportunities: The phase is educational. The groundwork of understanding objectives and obstacles allows us to discuss viable planning options. Considering the perspective of clients and employees helps you coordinate your planning efforts.
Would a proactive succession plan help you recruit, retain, and reward talented employees?
Note – Retention of talent is a primary concern for many clients. The top-tier leaders are not hired away by a competitor; they are becoming your next competitor. We believe companies that align ownership and compensation plans with long-term business objectives eventually exit from a position of strength.
Would it be beneficial to gain clarity on your objectives, obstacles, and viable opportunities that can help you put success into succession?
For more information, review our focus and planning process commitments:
