Succession Planning - Continued

In the latest DISCy Chicks Podcast, Cindy and Martha talk about the all important process of succession planning. They recognize the significance of this subject for small businesses that they both work with. The reason it is so important is to keep this business thriving if the owner is no longer available to run the business. They delved into key steps in succession planning, emphasizing talent assessment and identifying the most vital roles in the business. It’s better to include only key people in this process, due to the sensitivities of these discussions. The DISCy Chicks mention the use of their assessments to evaluate possible candidates for this important succession planning process, including the ability to compare internal and external candidates.

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