What is Your Legacy? (continued)

happens in event of leadership passing away (or leaving). While having cool benefits and perks like free food, beer fridges or games, company culture is really about how employees behave when critical events occur. Great company culture is when employees and management react positively when facing adversity and treat each other and customers with respect. As consultant, educator and author Peter Drucker states, “Culture eats strategy for breakfast.” In other words, no matter how well a strategic plan is designed, if the company culture isn’t good, that strategy will fail.

Steps to Creating a Succession Plan

If you don’t have a succession plan, now is the time to get started.

Fortunately, there are resources readily available to help. In fact, we’ve found several excellent tools we encourage you to utilize, including Julie Keyes’ book Poised to Exit and her excellent course on exit planning.

So don’t waste another minute in establishing your succession plan – your legacy Remember, if you don’t make your choices, others will. Mark had time to plan, but like so many others, he put it off and the succession plan almost didn’t get done in time. Make sure your legacy survives and start your succession plan today.

If you need help or have questions, please contact me, Tom Esselman at tom.esselman@leclairgroup.com or 651.739.2010.