Succession is one of the greatest challenges associated with running a family business. Transitioning leadership is a complex strategic process, and early planning is key. Now is the time to start having the conversation. This workshop delves into what is involved in succession planning, why it is vital and the key elements involved. You’ll leave with an understanding of where you are on your succession journey and a plan for next steps.

Attendees will learn;
- How to build fundamental knowledge and capability in areas critical to long-term business sustainability and growth.
- Triggers for Succession
- Stages of Development within a Family Business
- Leadership/Management Succession
- Ownership Succession
- The Succession Process
- Key Challenges and How to Address These
- Supporting Both Generations
- Top Tips for Succession Success

So attendees can;
- Understand what Succession involves for families in business and why Succession Planning is vital for any size family business.
- Focus on Succession Planning as an essential focus for the family, the business they operate and for owners.
- Understand the elements to Succession in family business.
- Be able to assess where they are on their Succession journey and plan further step