The first step in succession planning is identifying the key positions within an organization. These positions are typically those that are critical to the organization's success, such as ...

Clients have difficulty letting go of their “baby,” the family business, with even the second and third generations remaining ...

For smaller companies, a simpler business structure limits ownerships' ability to test executives with different products, ...

Fans of the series “Yellowstone” are familiar with the drama. A long-held family ranch, under attack by those who want to take the land. A close-knit, yet often dysfunctional, family forced to take ...

Here are action steps for you to take. Block out two hours tomorrow morning for documentation. Schedule a meeting with your financial advisor. Create a digital succession planning folder.

Then they step down, leaving their parties in disarray. Succession planning does not mean that prime ministers should handpick their replacements. That’s not their prerogative. Instead ...