Succession planning is about more than just retirement. Talking about what will happen when one of your key players leaves the firm means broaching difficult topics like compensation, financial planning, personal and professional identity, and even physical health—discussions that are inherently uncomfortable and deeply personal.
That said, taking a “deal with it later” approach leaves your firm unnecessarily vulnerable to the potentially disastrous effects of an unplanned (and un-planned-for) exit. Do you really want to risk it?
In this ebook, we share: