If not, you may be exposing your business to a major weakness in your strategic plan.

Succession planning isn’t only for family-owned companies or large public corporations. It is a vital part of a company's future and should be a part of every company's strategic plan. If there isn’t a succession planning process, how will the business develop and nurture its employees? How will a continuing sequence of qualified people move up and take over when the current managers retire or move on to other opportunities? What process will establish decision-making authority and accountability? Where will key retired executives be involved? How will the business be assured it will follow standard operating procedures instead of being influenced by strong personalities?

These are all very important issues to consider when preparing for the future of any business. The professionals at Manchester Companies have provided succession planning advice for hundreds of clients, ensuring the client’s long-term direction and continuity of standard operating procedures and corporate values. Our experience in these matters and track record of success will ensure your succession plan meets your company’s future needs.

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