Arriving On Time At Your Destination
Planning around scenarios impacting your business vision can often feel like you are running out of gas and time. Distributors and logistics suppliers have some of the most complex challenges due to the external factors out of your control. We are experts in unraveling the potential, possible and probable issue and work with you to map out strategies helping you navigate detours and stay on schedule when the unknown hits, and you’re in need of succession planning for logistics or distribution networks.
As experts in the complex, we approach the business from 10 interdependent perspectives, which optimally positions your business to grow, sell to a third party or transition to the next generation. 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. Using our succession planning for logistics and distribution, out experienced team of family business advisors can show you how to maximize the value of your company and ensure a smooth transition.
Resources
Bench Strength and Succession Planning
The term bench strength may appear abstract and very indirectly placed in your business as most would consider the term (bench-strength) to define one person laying on a bench-press while on the brink of lifting a weighted bar. However, if we conceptualize the components of skills, capabilities, experience, and who contributes those components daily [...]
Selling or Transferring: Building and Protecting Business Value
Your business's value depends on the strength and quality of operations, culture, people, and reputation. These areas can be where they need to be to take your business into the future IF you commit to succession planning. Your business is more valuable to you than anyone if you can create an effective union of [...]
COVID has flipped so much upside down, how will the new normal affect our culture?
The more things change, the more they stay the same. The team of experts featured in the video talks about impacts on culture post-pandemic. The common takeaway revolves around remote work. As a business owner or leader who had to transition a team to remote work or an individual who [...]
How Can a Leader Make Decisions In Uncertain Times?
A common theme emerged from this group of experts as we discussed how leaders can make decisions in uncertain times. Simply, decision-making should be the same as certain times. The real difference when the unknown hits are how leaders respond and what pace they respond and not necessarily in the [...]
How Do I Navigate Family Business Dynamics If Only Some Family Want to Work In The Business?
The key is to navigating family business dynamics is to first identify WHAT you envision to be the family legacy. Is it the business, or is it what the business provides to the family? Once the legacy is determined, identifying who wants to be involved versus not, is critical to [...]
What Are Strategies To Help My Son & Daughter Work Better Together?
Conflict is inevitable in business, even more so in the family business. Understanding the impacts of differing personalities and behavioral traits is a key component for setting siblings up for success. Varying styles of communication, differing motivating factors and even differences in how one may handle stress can create unnecessary [...]
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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.
