Des Moines Succession Planning

Didn’t Want to Screw It Up

2022-08-28T20:17:24-05:00By |Automotive, Succession Blog, Succession Success Stories, Video|

Successfully integrating family into business leadership while balancing family dynamics is full of complexities. As Joe Chastang shares, many private and family business owners screw it up. Thanksgiving and Christmas come around every year, and the business provides for 100+ employees.Mis-matched expectations, communication differences, and management styles can create challenging moments [...]

Importance Of Establishing Multigenerational Succession Standards In Auto Dealerships

2022-09-22T06:01:24-05:00By |Automotive, Succession Blog, Succession Success Stories, Video|

As Joe shares, it isn't fair to the business's employees for an owner to be lazy and not invest in the future success and sustainability of the company. Therefore, business succession planning isn't just about protecting profits and transfer of ownership; it is also about positioning the business for continued [...]

Dealership Succession Planning: Take the Business to the Next Level

2022-09-21T14:34:55-05:00By |Automotive, Succession Blog, Succession Success Stories, Video|

Succession planning builds value. Joe shares that one of many benefits of the succession planning process was learning how to run the company better. As a car and heavy truck dealer, Joe Chastang and his leadership team are good at selling vehicles, labor, and parts. An outside perspective focused on [...]

Moving From Average to Extra-Ordinary

2022-07-25T12:40:42-05:00By |Automotive, Succession Blog|

The definition of discipline is “an exercise that develops or improves a skill or habit.” It is the missing ingredient in building the personal and organizational “muscle(s)” that leads to exceptional performance. Most of us who recognize the value in building those muscles are sometimes reluctant to make the effort, either because we don’t want [...]

Focused Leadership

2022-08-03T05:37:33-05:00By |Automotive, Succession Blog, Succession Success Stories, Video|

High-performance cultures require discipline. Formalities, efficient processes, and strategies that reward teamwork and achieving goals motivate and inspire employees to go the extra mile. As Joe shares, the succession planning process helped his leadership team focus on priorities which has resulted in managing their company, employees, and family-business dynamics. Because [...]

Family Business: Deal With Each Other Better

2022-09-21T14:20:33-05:00By |Automotive, Succession Success Stories, Video|

Familial communication patterns can create stress in the business environment. Assumptions, stereotypes, and emotional baggage often cloud judgment, reactions, listening, and getting to know someone as an adult versus just a sibling or child. Many believe a Will, Trusts, and business agreements are the crux of succession planning; however, as [...]

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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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