Building an Effective Succession Plan: Why and How to Do It A good succession plan ensures there will always be someone ready to step up—a talented and properly trained employee who can take over important...
There's a tendency to think business plans are only necessary for starting a business, satisfying a board requirement or applying for loans, but they are vital for running your business, growing your business and exiting your business. Perhaps...
Success is the enemy of change. Change agents, typically considered to be outsiders and upstarts, bring new ideas to the table which can take an industry back to zero. Those who were successful under the old rules do not even recognize the rules have been changed. Because they have no preconceptions of what a “watch” should look like, change agents have the advantage.