Succession planning is about anticipating needs and protecting the client company from potential pitfalls that would threaten its survival. For thoughtful leaders, this means a commitment to developing their promising professionals – both high potential up-and comers and promotable managers – so the company is ready for any transitions in leadership during the evolution of the company. It also means figuring out areas of vulnerabilities for the client, honing in on priorities, preparing a plan to respond and executing that plan to see it through to resolution.
Our team works with clients to develop their talent bench strength as their companies grow and well as advise when the time comes to make changes in company ownership and transitions.
Partner Doug Kennedy leads this service area. Depending on what a company needs at any time in its succession planning cycle, Doug creates the right combination of our experts to meet their needs, such as: people succession planning for talent readiness, financial analysis and transition planning. Our experts in HR/OD, strategy and financial planning work together on solid, integrated succession plans.