In this episode, we’re joined by Richard Bryan, a seasoned business leader who shared his journey of reviving a fourth-generation family business at PMMI’s Executive Leadership Conference. We dive into the critical topic of succession planning — why so many businesses avoid the topic all together, the risks of delaying, and how leaders can start by defining their ideal future outcome. Richard shares why he favors job scorecards over traditional job descriptions, outlines the four main succession options, and offers practical advice for family-owned businesses to begin planning without getting overwhelmed. He shows that getting started with succession planning isn’t as overwhelming as it feels and can be a significant advantage for the future of your business.
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