Quote:
Originally Posted by AdultKing
I have one, what methodology would you use planning succession and what advice would you give someone currently dealing with succession planning ?
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I think my staff would tell you dealing with succession planning is probably one of my biggest weaknesses. I get so involved and so attached that i have a hard time stepping back and hard time handing things off. The best advice I could give you is research a few people that have done it successfully and see what common trends lie between them.
Also, in the industry especially, I'd be very careful who you hand the keys to the kingdom over to. You want to make sure the person who takes over and runs your baby is not only qualified but trustworthy and continually focused and motivated for the company to do well. Align your interests/goals with his.