Sixty-six (71.7%) of the LHDs represented county districts, the other 26 (28.3%) were city districts. This 2.5 to 1 county-to-city ratio of health districts was slightly higher than the 1.9 to 1 ...
We often associate succession planning with corporations: Shareholder meetings, leadership grooming, and boardroom readiness. But behind every home’s front door is another kind of enterprise—one that ...
Succession planning is a priority in the utility industry as an aging workforce, changing technologies, and turnover reshape the sector. The utility sector faces unique challenges, striving for ...
After decades of building your business, turning it over to someone else can be emotional. But with the right mindset and a strong plan, it can also be your proudest moment. The most important step in ...
The success of a succession plan is tied to good communication, and HR leaders are key to making sure this happens, according to McLean & Co.’s “Design a High-Value Sucession Planning Program” guide, ...
This is the 27th installment in a Financial Planning series by Chief Correspondent Tobias Salinger on how to build a successful RIA. See the previous stories here, or find them by following Salinger ...
From my experience, most small to mid-sized businesses treat succession planning as a one-time event or something to figure out when leadership changes are near. In my opinion, that’s too late. When I ...
Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...
Building a thriving advisory firm is a significant accomplishment, but what happens to the business, and your clients, when you're ready to move on? A comprehensive succession plan can help answer ...
Helping to ensure business longevity and preparing for a smooth leadership transition are among the reasons owners of Black small businesses (SMBs) should consider succession planning. Trimming the ...