Edelman, who said he was launching a marketing services offering for advisors later this year, answered moderator Barthel's
question about succession planning by saying «we have a very formalized» plan, before turning to the issue of partnerships.
«Some company owners only think
about succession planning when they're fed up and ready to sell,» says chartered accountant Paul G. Stringer, managing partner of Durward Jones Barkwell & Company in Grimsby, Ont.
These topics can be very difficult for families to discuss, but Froese says the conversation
about succession planning doesn't have to be a painful experience.
Canadian companies should think
about succession planning for their boards and consider efforts to attract a more diverse slate of directors with international experience and a younger profile, according to a new report on governance.
Worries about succession planning and insufficient disclosures by the board escalated in September when then - CEO Jeff Smisek stepped down after an investigation into the airline's dealings with the Port Authority of New York and New Jersey.
«Many business owners have not made important decisions
[about succession planning],» Keith Banks, president of U.S. Bank said in a video conference to discuss the survey findings.
That's leading some executives to approach their
boards about succession plans, but many junior companies have yet to broach the subject and plan to draw on their own resources.
This Forbes article
about succession planning contains some eye - opening statistics about how board members aren't planning for their succession and neither are CEOs, even five years out!
Nowadays, with so many real estate principals being baby boomers, there is a critical need for companies to either be much more
deliberate about succession planning or resign themselves to selling the company or folding into another brokerage as their exit strategy.
«Some company owners only think
about succession planning when they're fed up and ready to sell,» says chartered accountant Paul G. Stringer, managing partner of Durward Jones Barkwell & Company LLP in Grimsby, Ont.
Most painful, the matter has weakened Murdoch's grip on his empire, divided his family and raised questions
about his succession plan.
That is the sort of thing, when you're thinking
about succession plans; you need to be looking at.
At 31 we do need to think
about succession planning.
Wenger may need to think
about succession planning and i would love to see him bring back the Iceman as his number two...
In today's episode of School Improvement we're talking
about succession planning.
«The board and I have talked
about succession planning and this is the first step.We have not made a final decision,» Stringer told a news conference Thursday.
We need to think
about succession planning.
Business Succession Planning is an Investment in the Future Mark Borkowski It is precisely when economic times are challenging that business owners should think
about succession planning.
It's
about succession planning, which is what clients want.
We are encouraging all lawyers to think
about succession planning and to do so when they still have time to plan adequately,» says the Law Society of Alberta's current president Carsten Jensen.
So in summary, it's clear Gen Y have different career aspirations to candidates from other generations so these needs must be considered when procurement leaders formulate career development plans for their teams, and think
about succession planning.