Find the right banker to assist with a succession plan
The right banker can help you create a succession plan that helps ensure your business survives into the next generation, even when you are no longer there to steer it.
The right banker can help you create a succession plan that helps ensure your business survives into the next generation, even when you are no longer there to steer it.
It takes a lot of effort to retool an organization, and doing so is not without risk, but the payoff could be transformative.
If someone has bad news, it must be delivered in person or, if that’s not possible, by telephone. Email is not an acceptable substitute.
People that find themselves in leadership roles, particularly those at a young age, often get there because they are confident they can do it, because they’ve been frustrated with their past bosses, and because they want a challenge.
A healthy Fortune 500 company is good for Cleveland and vice versa, a healthy Cleveland provides an environment for corporate success.
Embracing change is not merely a choice but a strategic necessity.
Seeking out people and experiences grounded in the humanities will give your organization an advantage.
Effective communication fosters trust, minimizes resistance, and ensures a successful transition, helping companies emerge as trusted organizations to stakeholders, employees and the media.
By ensuring that you have a visionary strategy, a sales strategy and a marketing strategy all working in harmony, you position your organization not only for immediate growth but for sustained success in the future.
By doing your research, you’ll enter a merger and acquisition situation as well informed as possible, whether you’re pursuing a new alliance or being sought for one.
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