Manufacturing Succession Planning

Manufacturing Succession Planning2020-09-17T12:07:32-05:00

Creating Your Future

From our  experience in the manufacturing industry, we can relate to the process of building a product from start to finish and getting it out the door while ensuring quality, consistency, and efficiency.  It involves a variety of nuances highly interdependent of each other.  Managing supply chain, technology/machinery, process, and cultivating a high performing culture are just a few of the many influences impacting success.

As succession planners, we are experts in streamlining complex moving parts towards one focus, the legacy and lifestyle you have committed your life’s work to provide. Similar to the development of your product, through considering 10 interdependent areas of your business, we construct and implement succession strategies to achieve your long-term vision.

The number one thing business owners notice when they engage our services is a clear path forward.

What happens when you decide to takes the next step towards the future you imagine…now? Business ownership by nature is risky; succession planning however creates strategies and structure to put you in control.

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Resources

How do I measure the productivity of my new remote team and ensure they are being efficient?

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Communication is key. We hear it all the time in all aspects of managing a team and running a business. However, when managing a remote team, whether new or old, communication has never been more important. It has to be done clearly, early and often. Performance expectations remain the same [...]

What Can Businesses Do To Prevent a COVID Like Interruption in The Future?

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The unfortunate reality of a crisis, like COVID-19, is not every business survives. It is sad, but it is part of the correction that takes place when markets might be saturated, or where there might be underperforming units. Owners can work towards protecting themselves in the future by leveraging what [...]

Opportunities To Act On Before 2021

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The Perfect Storm. You’ve probably seen the movie and this year, we all probably sense that we are making history from within a Perfect Storm of a pandemic, political and social unrest, and economic turmoil. I’ve read several articles recently that have borrowed that title to describe a different scenario - factors that have [...]

What Do I Do If People Want to Continue Working From Home After COVID-19 Shutdowns?

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As companies have had to shift to remote work for an extensive period of time, it has raised the question of how remote work impacts company culture and performance. Some team members enjoy remote work and you may find their performance has not changed or may even be better. And [...]

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    The Succession 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

    Sign up for our monthly e-newsletter to stay informed on how to overcome related succession planning issues.


    Contact us and 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.

    What is Changing In the Areas of Estate Tax?

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    Planning Opportunities To Take Advantage of Now

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    Leadership in Uncertain Times

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