She offers this template to think through the process ... Before you can build a succession plan, identify the skills and talents your successor must have, Kelly says. Consider the traits below ...

Over two thirds (69%) of family business owners do not have a succession plan detailing what will happen to the business and ...

The stakes are high, McLean cautions. Without effective succession planning, organizations risk disruptions to their daily operations, miss the opportunity to build a talent pipeline from within ...

In philanthropy, just as in business, the strategic foresight to plan for leadership succession is not just ... will help concentrate your resources on high-impact strategies that facilitate ...