Thursday, November 15, 2012
SAFEGUARDING AGAINST SUCCESSION SABOTAGE: PREVENTING THE LOSS OF YOUR BIGGEST ASSET
"He Who Fails to Plan, Plans to Fail"-Proverb.
There is no way to deny it: a successful practice transition starts and ends with YOU.
How many times have you acknowledged that you "should" create a succession plan-but ultimately convinced yourself that you have plenty of time to complete it? Or have you generated a business continuity plan that focuses primarily only on the legal and monetary issues of your practice and ignores the human aspect of this transaction? NOT taking action in these crucial areas may result in you unwittingly sabotaging your business, your clients and your family's future.
If you are ready to face your "transition terrors" and accept responsibility for ensuring a Successful Succession outcome- this hour will be time well spent. By attending this workshop with behavioral psychologist and coach Denise Federer, PhD., you will be able to:
. Adopt the A, B, C's of a successful transition: Acknowledge Your Pivotal Role/Responsibility in the Succession Process; Be Willing to Embrace Change; and Commit to a Plan to Safeguard Your Clients, Business and Family.
. Consider the "Transition Terrors" you might be experiencing, your potential Succession Sabotaging Behaviors and strategies to overcome them.
. Identify, assess and retain key successor candidates.
. Recognize the four fundamental human capital elements that are essential for ensuring a sustainable practice and a successful transition of your business.
. Learn the specific steps necessary for creating a Succession Plan that will result in a smooth transition of your practice and ensure the future well-being of your clients, employees and family.