Succession team coaching for creating an effective exit strategy and preparing your business for anything.
There’s also real confusion about the difference between ‘Succession Planning’ and an ‘Exit Strategy’. Ken Goodfellow shares insightful work on this important subject…
1. ‘Succession Planning’ is the ongoing process of preparing your talented people for career growth and promotion….and preparing the organization to operate without its current owner or leader.
2. An ‘Exit Strategy’ is a plan focused on how the current owner or leader, will exit the business effectively, gracefully and profitably. Ideally, there should be two Exit Plans…an ‘Eventual Exit Plan’ and a ‘Catastrophic Exit Plan’. The ‘Catastrophic Plan’ deals with how the business will carry on and how the ownership will be transitioned in the case of the sudden catastrophic loss of the owner or leader due to death or disability.
Online document library
for all members.
Options for an in office
strategy session with Coach Ken.
Monthly group calls with members across North America.
Connect and collaborate other team leaders for referrals and sharing
Annual events at
five star resorts.
Private Facebook groups
for instant answers.
All businesses have issues. Whether its profitability and team splits, your systems, team performance and accountability, administrative support, or anything else, it helps to know what should change and some suggestions on how to go about making those changes. Book Now!