Don’t Leave It to Chance: How to Build a Strong Succession Plan

Event description

Is your business ready for the future? Every business owner, regardless of size or industry, must one day address the critical question: Who will take over when I'm ready to step away?

In this powerful, real-world-driven webinar, you'll gain a strategic framework for designing and implementing a succession plan that ensures business continuity, protects your company’s value, and supports long-term growth. Using a case study from a real manufacturing leadership transition, this session brings the process to life—showing not only the steps but also the common pitfalls that can derail succession efforts.

You’ll walk through a five-step process that includes assessing position value, defining future needs, and developing selection criteria for potential successors—whether you're hiring from outside or grooming internal talent. Whether your business is in growth mode or you're thinking about a future exit, this session is essential preparation for what lies ahead.

What You’ll Learn:

• Why succession planning is a strategic necessity—not just a backup plan
• How to assess the current value and future potential of key roles
• How to avoid common mistakes that cost time, money, and talent
• How to align candidate selection with business goals and company strategy
• How to make the business case for investment in leadership transition