One of the issues family businesses face is the idea of having non-family members in key roles in the business. Mom & Dad started the business (or Grandpa & Grandma) and no [...]
We recently posted a blog series on Succession planning (July/August). Some of the questions we asked (Who is the best candidate to succeed you? What are you doing to prepare the next [...]
It is college recruitment time here at Cain Ellsworth & Company. This is the time of year when we spend a lot of time on college campuses informing students of who we are and searching [...]
The concept of Core Values is one we’ve discussed before, but some recent experiences have brought it to the front of my mind once again. Over the past year, I have had the opportunity to [...]
I was reminded today of the concept of Locus of Control. The idea is basically this: to what degree do you feel you’re in charge of your life? Or your business? You might [...]
It’s time to wrap this up. We’ve covered five questions to ask yourself about succession planning and now it’s time for #6. This one is more about you [...]
We’ve spent the past few weeks discussing whom will succeed you and how they’ll be prepared. We’ve discussed communication and the importance of putting dates on your [...]
So you’ve chosen a successor, you’re preparing them to lead the business and you’ve told everyone what you’re doing. Now it’s just a matter of executing the [...]
Last week, we tossed around ideas on preparing your successor. There are so many people and things they need to know. You need to have a detailed, written plan [...]
Last week we discussed identifying your successor. We could write for weeks on the qualities that person should have (and we will), but for now we’ll move on to the next [...]
