What is succession planning? Succession planning is a process that involves careful replacement planning and strategy to pass on important leadership roles and responsibilities. Businesses often perform this succession planning function for their key management personnel. It is used to identify and develop new potential leaders who can fill those “big shoes” when the leadership role becomes available. Many have the notion that succession planning is only for large companies that have CEO, CFO, COO, and CTO titles. This can be applied to various businesses of all sizes, including small family businesses, including farming and agriculture, where this is used to transition ownership and responsibilities to the next generation. Here are some Read More...
Archives for February 2022
Ask the Experts – Estate Planning
Ask The Experts Segment On February 2nd, 2022, Joel Gratz, Managing Partner here at Christianson, and Lindsay Kranz, Manager and Estate & Trust Specialist, joined Bill Dean on KWLM during the "Ask the Experts" segment. This month, Joel, Lindsay, and Bill took a minute to chat a little about Estate Planning. Listen Here! Read More...