Sentences with phrase «succession plan when»

Of course, most brokerages will not need to utilize an emergency succession plan when transferring its leadership from one broker to another.

Companies can face substantial hurdles to succession planning when their ranks of mature employees diminish.

I'll think about succession planning when I'm closer to retirement.»

«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.

«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.

Not exact matches

When you're thinking of a succession plan to keep a family business entrepreneurial as it gets passed down through generations, the research suggests that you recruit non-family members.

The problem became acute when he fell ill in the mid»90s without setting out a clear succession plan.

All too often, I see principals of advisory firms convince themselves that they have a succession plan in place when, in fact

All too often, I see principals of advisory firms convince themselves that they have a succession plan in place when, in fact — more often than not — what they have is more of a vague idea of what they hope will happen.

Even though Warren Buffett, Berkshire Hathaway's 80 - year - old chairman and CEO, assures shareholders a succession plan is in place, investor confidence is bound to be affected when the Oracle of Omaha departs.

When should doing what is right; putting oneself at risk; having proper succession planning; mentoring, coaching and developing the next generation of directors; and letting go gracefully and honorably, matter?

In our experience, a great majority of family - owned businesses in the UAE do not have solid succession plans in place, and only review them when managerial changes have been required.

That is the sort of thing, when you're thinking about succession plans; you need to be looking at.

Among other factors, the Talent and Compensation Committee considers the level of representation of women in executive officer and managerial positions when making appointments and considering succession planning; however, the Company does not have a specific target number or date by which to achieve a specific number of women, as it considers a multitude of factors in determining the best person for any position.

Atleti's succession plan went out the window when young Theo forced his way to the Bernabéu and started rocking Gucci baseball hats and camouflage Nike sweatsuits.

I remember when the demand was for a «succession plan».

We have only mismanaged it by continually giving contract extensions when he hasn't been worth them because there isn't, or hasn't been, a succession plan.

A common dilemma for succession planners is: When should news about the succession planning process be shared with middle or lower management?

Potomac Lighthouse did have a succession plan in place when its principal left on a day's notice, said Regan Kelly, a vice president of Lighthouse Academies.

Unless HTC plans on bringing a knife to a gunfight, expect one of two things to happen when the Flyer is finally announced — either these specs are off base, or this device will be on the budget end of several tablets (possibly including the HTC Scribe) announced in succession by the popular Taiwan - based cell phone maker.

This was actually Rowling's original intent when Pottermore was created and the plan was to release each book in succession, one at a time.

Yet my father has failed miserably when it comes to family succession planning.

It also makes it easier to transfer ownership to your kids when you eventually have them, in terms of succession planning — they can buy it from you a little at a time or whatever you want and it can be split evenly among them.

Never losing a subsidiary CEO to a competitor; Gold standard of corporate governance; 370,000 employees with only 25 at headquarters; a system of deserved management trust; the buyer of choice; Fort Knox of capital when markets need it most; Employees are always in a position to do the right thing; Well defined management succession plan that is deep within the organization

There are few battle systems that provide more satisfaction than when you successfully wipe out five enemies at once at the end of a carefully planned succession of pushes and spells.

I learned about the Encore Fellows program in 2012 when I visited the Friends of the Children non-profit and was told an Encore Fellow was helping them with succession planning.

Unfortunately, this issue becomes painfully obvious when considering a succession plan, or when a superstar is unable to perform.

(In fact, when we asked this question, we received hundreds of calls from lawyers asking us what a succession plan was).

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 successionSuccession Planning is an Investment in the Future Mark Borkowski It is precisely when economic times are challenging that business owners should think about succession pPlanning is an Investment in the Future Mark Borkowski It is precisely when economic times are challenging that business owners should think about successionsuccession planningplanning.

She says if a company feels its board is a perfect size, it may be an excellent time to bring someone new on to begin succession planning so they can contribute in a meaningful way when the time comes.

Sometimes it was in the context of succession planning sometimes when discussing business development, and sometimes on the topic of firm leadership.

When it comes to passing down a family business to the next generation, simply wanting to work together is not always enough to ensure a smooth transition — the successor also needs to have business - specific interests and knowledge, Toronto estates and trusts lawyer Suzana Popovic - Montag tells Succession Planning, a special supplement published by The Bottom Line and Lawyers Weekly.

When it comes to cottage succession planning, seeking help from an expert early is worth both the time and money, Toronto trusts and estates lawyer Suzana Popovic - Montag tells Cottage Life magazine.

To further the revolution, they need: (1) business leaders invite these women into the inner circle when succession planning for the GC role; and (2) headhunters and other recruitment individuals to contact women on the top 100 list when filling a GC role.

Succession planning can help a firm prepare the next generation so that when a current leader retires, steps down, or leaves (especially if the withdrawal is unexpected), there is a smooth and seamless transition to new leadership.

We know about things like e-discovery, business development, alternative billing and succession planning, but when it comes to the world of HR, there seems to be a gap.

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.

AGMs are also when elections to your board of directors will be held, and this raises issues about succession planning.

The policy owner needs a death benefit that will continue to increase, for example when insurance is being used as part of a business succession plan.

That is why this rider is essential when considering using life insurance in a buy sell agreement or some other business succession plan.

For instance, when setting up business buy sell succession plan, or funding life insurance trusts for estate planning.

When it comes to life insurance and business succession planning, you need to work with professionals.

Two main areas where permanent protection is essential is when you are using buy sell agreements for business succession or life insurance trusts for estate planning.

Since you desire the coverage to provide for your business succession plan no matter when you die, choosing permanent life insurance makes the most sense.

The death benefit is important when it comes to any number of concerns such as estate tax planning, business continuity succession planning or family business succession.

This is a key consideration when undergoing family business succession planning as part of a business continuity succession plan.

Last month, when a reader asked Fake Steve about Apple's succession plan, he replied: «My plan at this time is to live forever and to remain in charge here, though perhaps with fewer restrictions on my power.

When developing a succession plan for a position, the prospective role must have a clearly defined career roadmap for the candidate to follow.

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.

In some instances we will document the executive's career progress when tasked with a succession plan.