Succession planning needs to be the focus of businesses. Current leadership should always be on the lookout for talented people to train and develop into future leadership roles. The seamless ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Every company has a short list of considerations when it ...

Compare your farm’s succession plan to a 1,000-piece jigsaw puzzle. You know your end goal is a beautiful picture of family harmony, financial success and an operation that grows into the future.

Every company has a short list of considerations when it comes to strategic planning. Near the top of that list is preparing for potential — and sometimes inevitable — shifts in leadership. With an ...

I started my first business in high school. I had worked on it through college, and I had so much of myself invested in this company that it was pretty much the core of my identity at the time. So, ...

From my experience, most small to mid-sized businesses treat succession planning as a one-time event or something to figure out when leadership changes are near. In my opinion, that’s too late. When I ...

In today’s dynamic and highly competitive corporate landscape, families in business looking to develop a competitive edge and retain a strong family bond, can cherry pick successful practices from ...

Families planning the transfer of farms to the next generation of operators seek information and resources. Purdue Extension’s Succession Planning Resource is designed to help Indiana farm families ...