Thursday, October 29, 2009

Making the Handoff - Passing the Torch

At the ConnectWise Partner Summit next Thursday at 3PM I will deliver a session around succession planning and begin to navigate the many options and decisions that need to be addressed in order to plan for the future of your company. This is a journey filled with landmines and many roads to follow. It is not simple, and left undone, will be handled by the government and other disinterested parties in your wishes.

It doesn't matter what you want to do - sell, give it away, put employees in an ESOP or any of a dozen other options - if you never plan for it there is no way to assure it happens your way. Don't miss the chance to create the legacy you desire. This session will ask lots of questions most have never really considered. It will cause you to think deeply about your future and make you squirm in your seat. But it is such an essential part of making the transition smooth and your company sustainable and valuable.

Do you have your next set of leaders idenfied? Have you began the process of mentoring and training the folks you hope will step up and take over? Have you figured out how you will get your money out of the company someday? How about your employees - have you identified a way to keep them employed and cared for? So many questions and thing to consider. It is enough to drive you crazy.

Join me at 3Pm on Thursday in the Senate and Gallery room during the ConnectWise Partner Summit to dive into this topic in depth. I can't promise all the answers, as we are walking this journey ourselves right now. But as part of that process there are lots of questions we have had to address and many more still on the horizon. We'll talk about all those things and leave you with some things to go think through so your legacy can continue long past your working days.

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