Stress can wreak havoc on an organization. As a leader in your business when times of crisis hit, you have to ensure your people know you are there and that you CARE. They care less that you have all the answers and more that you are connecting with them and investing more than ever in a relationship. It can be hard to do for organizations that might be larger, but it is still doable, and our experts suggest it is a MUST. Happy employees equal happy customers/clients and with that a much stronger business.
Thank you to Ken Rosenfield, CPA of Rosenfield and Company, and our very own succession planner Loyd Rawls for sharing your expert insight.
As you listen to this episode, you will walk away with key take-a-ways and will realize you will want more. Click to visit the “Burning Question” topic page to easily access the additional episodes in the series.
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- Adjusting to the new normal for industries that rely on customer interactions
- Messaging for business owners / leaders to share with their people in times of crisis
- Navigating the path when some family want to work in the business & others pursue other careers
- Addressing uncomfortable subjects that are more difficult during crisis as opposed to normal times
- Strategies for helping a son and daughter to learn how to work together
- Navigating business transitions when the next gen is not interested in the family business
- Proactive strategies to position the business for the “unknown”
- Communication tactics ease employee’s anxiety and worry
- Managing emotions of others and self in times of stress
- Strategies to increase sales to cover costs and create more points of revenue
With Knowledge, You Can Choose Your Best Path Forward
The Succession Planning Matrix
The Succession Planning Matrix
Many people put off succession planning because they think it means retirement, exit, and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy, or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.
Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.
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We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
