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How to Develop a Succession Planning Program | 811

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Manage episode 483672668 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

“Succession planning is the key to unlocking freedom and value in your family business.”

What You’ll Discover Today:
If you own a family business and want to protect its legacy and value, you need a rock-solid succession plan. In today’s episode, Dave Lorenzo walks you step-by-step through the exact process he uses with his clients to build a succession planning program that works.

Key Topics Discussed:
-- Why every position in your company must have a written job description
-- How to track and document real-world tasks to align with role expectations
-- The three task buckets: Admin, Management, Leadership
-- How to build training programs around these roles and tasks
-- When to start training someone for their next position
-- Why 80 percent mastery is the magic number for promotion
-- How this system builds business value and leadership continuity

Links and Resources:
Subscribe Via Email: GetInsideBS.com
Listen on Spotify: Inside BS Show on Spotify
Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
Call Us: (305) 692-5531

Call to Action:
Succession planning isn’t just for retirement. It’s how you build a business that can run without you. Tune in to this episode and take the first step toward building a sustainable and scalable company.

  continue reading

811 episodes

Artwork
iconShare
 
Manage episode 483672668 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

“Succession planning is the key to unlocking freedom and value in your family business.”

What You’ll Discover Today:
If you own a family business and want to protect its legacy and value, you need a rock-solid succession plan. In today’s episode, Dave Lorenzo walks you step-by-step through the exact process he uses with his clients to build a succession planning program that works.

Key Topics Discussed:
-- Why every position in your company must have a written job description
-- How to track and document real-world tasks to align with role expectations
-- The three task buckets: Admin, Management, Leadership
-- How to build training programs around these roles and tasks
-- When to start training someone for their next position
-- Why 80 percent mastery is the magic number for promotion
-- How this system builds business value and leadership continuity

Links and Resources:
Subscribe Via Email: GetInsideBS.com
Listen on Spotify: Inside BS Show on Spotify
Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
Call Us: (305) 692-5531

Call to Action:
Succession planning isn’t just for retirement. It’s how you build a business that can run without you. Tune in to this episode and take the first step toward building a sustainable and scalable company.

  continue reading

811 episodes

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