Mar 10, 2015 | Corporate Accounting, Succession Planning
We have taken this information from a 2014 report on talent development and succession planning published by Stanford Business School and the Institute of Executive Development. According to the report, here are the six steps your organization needs to take: 1....
Mar 10, 2015 | Corporate Accounting, Succession Planning
According to a 2014 study carried out by Quantum Workplace, only one percent of executives believe their succession plan is excellent. Few organizations have a great multi-level succession plan, which makes high-potential employees feel important and leads to great...
Jan 13, 2015 | Corporate Accounting, Succession Planning
Succession planning affects everyone who has any interest in the business: family members, business partners, and important employees, for example. This means it is essential for you to have detailed discussions about crucial but often overlooked issues, such as...
Jan 4, 2015 | Corporate Accounting, Succession Planning
For those who run a family business in particular, retirement doesn’t just mean not going into work anymore. As well as deciding who continues running the business, you also have to ensure you have enough money to enjoy a prosperous retirement. A successful succession...