Leading Through Transition
There is light at the end of the tunnel. You are resilient and events in our history like COVID-19 make us stronger and innovative to solve the issues unique to times of turbulence. We have shepherded our clients through many environments like we have today.
Resources
Unlock the Secrets to Prepare Your Business for Future Challenges
Multi-unit franchisees face an uncertain landscape with the effects of Covid-19 on the economy. As succession planners, we are often asked how to create strategies to grow and protect our business in such a changing environment. Whether it be investing more and risking more, or pausing and reflecting on current processes, it is important [...]
Navigating Conflict: How to Avoid Communication Shipwrecks
Understanding the Prevalence of Conflict Conflict is a prevalent challenge in business ownership. In recent times, we have seen the effects of conflict both on a global and local scale, with ongoing tensions in the Middle East, political instability in different countries, and disagreements between leaders. But conflict can also exist in our personal [...]
Balancing Familiarity & Business Goals
Many business owners struggle with conflict and unrealistic expectations among their leaders, employees, and families. To prevent this, it's crucial to create an attractive work culture that promotes bonding and understanding beyond just driving revenue. This can be achieved through company events, cultural practices, and getting to know each other on a personal level. [...]
Paving the Way for a Smooth Succession in Family Businesses
In family business environments, it is common for business owners to feel overwhelmed by the question of who will become “king” or “queen” when there are multiple capable family members working in the business; especially when not all candidates are suitable for the leadership role. Competition among family members can be either positive or [...]
Strategies for Maximizing Success in Your Dealership
The auto retail industry has experienced dramatic changes and disruptions in recent years, leading to an unprecedented level of volatility and transformation. Profits have reached historic highs, dealerships have been bought and sold at a rapid rate, and a new generation of large dealers is emerging. This period of rapid change has been a [...]
Hart Energy – The CEO Succession Question
The CEO succession question is a pertinent one for all companies: Does your organization have a plan to ensure that the leadership role remains secure and effective in the long term? Is there bench strength for all key leadership roles, in addition to the CEO? To build business value and ensure the continuity and [...]
