 While it is critical to have a well-designed succession plan in place, it's akin to having a well-designed blueprint for a house: It's very difficult to live in until it's finished.”
Scott Feraro
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Four Questions you Should Ask about Succession Planning
Scott Feraro | Investment News, June 2013
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Summary: Scott Feraro, Founder of Pepin Consulting, poses 4 questions to consider as you begin to developing or assess your succession plan. A well-designed succession plan is critical to a firm’s continual success, but it’s hard to implement until it is completely finished. Succession planning includes developing and implementing the strategy, structure, processes and talent required to ensure the highest likelihood for the long-term sustainability of your business.
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