Succession planning – a process beyond the balance sheet

Succession planning – for any business of any size – takes time and careful thought. 作为业主, 你需要找到管理风险的方法, explore possibilities and develop an exit strategy for yourself.

你的退出可能是渐进的, over a period of months or years as you step back from your day-to-day role. Or it could be more sudden, sometimes through circumstances beyond your control. 不管时间框架如何, 你想确保你的遗产会延续下去, 你家庭的经济安全也得到了保障.

如果你的退出策略不是卖掉公司, you want to protect your investment by making sure the future leaders of your business can sustain the success and profitability into the future. Therefore, in addition to 工作ing out the financial aspects and getting advice from 值得信赖的专家, much of your planning will focus on people and their skills and abilities.

Your goal is to be able to step out of the day-to-day role of leading your business and enjoy your hard-earned ‘retirement’, with confidence that your business will thrive (I say ‘retirement’, as you will continue to have a hand in the business somehow, 正确的!?).

要做到这一点, you need to look at your current top performers but also identify employees who have the potential to grow in various roles so that you can develop talent capable of leading your company to future success.

你准备的时间就越多, 更好的, because your organisation will only be stronger if you identify and take advantage of the skills your employees have now while also looking for skills you may be missing when hiring new talent.

Just as selling a business has a proven process for success (valuation, marketing etc.), identifying and developing future leaders of your business can follow a set of reliable succession planning steps.

The first of these steps is to identify the skills and knowledge needed to run the business. This is a bit like doing a job description for yourself, and this is not easy to do. Get some help… an expert or a tool that will make it easier and more accurate to document your job.

Second is to have a reliable way to evaluate the skills and capabilities of your current staff. 仅仅观察他们的“工作”是不够的. Use a more structured approach to remove any bias or inaccuracies, 也许还能发掘出你手下隐藏的才能. Importantly, this assessment is not just about the industry or technical knowledge. 它是澳门赌场官网领导力和关系管理的.

Our Accru office in 阿德莱德 has developed and uses a Leadership Radar tool to assess the leadership impact of people in a business, and provide coaching to strengthen leadership skills for better business performance.

视公司规模而定, you may want to consider using succession planning software to help improve your team, 发展你的业务,制定你的退出策略.  许多公司现在使用计划软件来帮助跟踪, 分析和评估员工的表现.

从前两步开始, it is likely you have identified a couple of prospective staff who can step up to run your business.

The third step is to design and implement a plan to close the gap between the requirements of being ‘the boss’ and the current capabilities of the candidates for higher leadership. It can transpire that there is no single person that can fulfil all the requirements (yes, 你是独一无二的!), and leadership duties may need to be shared to tap into the best each person has to offer.

This plan to close the gap is likely to involve development plans for key staff, 包括指导, 接触新任务,甚至可能接受正式培训. 在某些情况下, 目前的工作人员无法填补这一空缺, and this identifies a need to recruit into the business for the future.

The key to success with these three steps is to recognise that you are not the first owner to go through this process. There are tools and support available to negotiate this transition.

Need to build a strong succession plan for your business? 澳门官方赌场 讨论选项.

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Accru阿德尔
近60年来, we have developed a methodology that helps businesses to achieve their idea of greatness. We know that your own reasons for starting and being in business are always unique, so our approach caters for many different motivations and appetites for risk.
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