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How to Develop a Succession Planning Program | 811
Manage episode 483672668 series 2834919
“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.
811 episodes
Manage episode 483672668 series 2834919
“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.
811 episodes
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