Automotive Growth & Succession Strategies

Automotive Growth & Succession Strategies2024-03-18T15:06:44-05:00

Introducing “Driving Success: A Strategic Journey in Automotive Retail,” our exclusive 12-episode video series featuring industry visionaries—Jason Stein from Flat Six Media, George Karolis from The Presidio Group, and Champ Rawls from The Rawls Group. Delve into the heart of automotive succession planning as these experts unravel key strategies and insights.

    1. Succession Planning Essentials for Car Dealers

      Explore the critical aspects of succession planning in the automotive industry. Uncover the complexities of family dynamics, governance, and the power of leadership continuity.

    2. Overcoming Obstacles for Auto Dealerships

      Join George Karolis as he navigates the obstacles hindering succession planning. From decision-making dilemmas to capital allocation considerations, gain expert insights on overcoming challenges.

    3. Automotive Retail Growth Strategies

      Discover the secrets to strategic planning and goal-setting in auto dealership growth. Understand the importance of aligning current states with future visions and unlocking dealership valuation through innovative thinking.

    4. Divestiture Strategies

      Learn from Karolis about the impactful divestiture strategy—optimizing dealership portfolios by shedding underperforming assets and embracing collaborative goal-setting.

    5. Family Dynamics and Family Governance

      Unravel the complexities of family-owned dealerships. Champ Rawls sheds light on fostering open communication, synergy in management, and the pivotal role of a strong family governance structure.

    6. Dealership Valuation Beyond Blue Sky

      Challenge traditional valuation methods with George Karolis’s “thinking green, not blue” approach. Explore the comprehensive consideration of return on investment (ROI) and the strategic implications for dealership success.

    7. Challenges and Evolution of the Car Business

      Understand the challenges and evolution of the dealer model. George Karolis discusses reeducation, adaptability, and staying ahead in the ever-changing automotive landscape.

    8. Fostering a Great Dealership Culture 

      George Karolis emphasizes the significance of cultivating a supportive culture. Explore the link between retaining talent, achieving success, and embracing innovation and technology.

    9. Winning Formula for Family-Owned Car Dealerships 

      Champ Rawls reveals the winning formula—blending the operational strategies of public companies with the marketing tactics of private ones. Leverage community connections and build a strong culture for sustained growth.

    10. Navigating Automotive Retail Business Cycles

      George Karolis tackles the intricacies of business cycles. Rethink pay plans, foster a supportive environment, and prepare for the future through education, cultural awareness, and stability.

    11. Sustainable Success 

      Champ Rawls emphasizes the role of effective communication in ensuring sustainability and successful succession planning. Prepare for unpredictable times by fostering a culture of unity and adaptability.

    12. The Power of Diversification in the Car Business

      Conclude the series with a deep dive into strategic business diversification. Explore the need for customized succession plans, the role of non-dealership opportunities, and adopting a global family office approach to mitigate risks effectively.

  1. Embark on a transformative journey in automotive succession planning with “Driving Success”—your roadmap to navigate challenges, embrace innovation, and steer your dealership towards enduring success.

How We Help

Are you struggling with navigating the complexities of succession planning in the automotive industry? From overcoming obstacles to embracing growth strategies and fostering a great dealership culture, the journey can be daunting. Let us help you unlock the insights and resources you need to drive success in your dealership’s succession planning efforts.

Contact us today, and together, we can explore your challenges, share valuable insights, and determine if working together aligns with your goals. Take the first step towards transformative change in your dealership’s future. Book your consultation now, and in just 30 minutes, gain actionable ideas to apply to your business immediately.

A Strategic Journey In Automotive Retail

10 Aspects of Succession Planning in Automotive Retail

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Succession planning is critical to any business; auto dealerships are no exception. With the automotive industry constantly evolving and facing new challenges, effective succession planning has become more crucial than ever before. Recently, George Karolis from The Presidio Group and Champ Rawls from The Rawls Group discussed the multifaceted landscape [...]

Overcoming the Obstacles in Succession Planning for Auto Dealerships

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Addressing Tension in the Family-Owned Auto Dealership

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Unlocking Dealership Valuation: The “Thinking Green, Not Blue” Approach

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In an insightful conversation focused on Succession Planning and Strategic Considerations in Automotive Retail moderated by Jason Stein with Flat Six Media, George Karolis from The Presidio Group and Champ Rawls a succession planner with The Rawls Group, the conversation delves into the intricate world of business valuation, succession planning, [...]

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