Knowledge Forum Discussion | Succession Planning

Succession planning is key for any organization: done effectively and systematically, it provides leadership continuity, it facilitates leadership development across the organization, and it ensures consistency and sustainability of the enterprise.  Today, with a growing number of leaders at all levels approaching retirement, it has become a strategic challenge for many organizations.

The Performance Excellence Network — in partnership with the St. Paul Area Chamber of Commerce — is pleased to host an online webinar discussion on Thursday, March 18: “Succession Planning.”  The discussion will feature three speakers from Nexus Community Partners.

During this session, you will hear advice that is applicable to all organizations regardless of what stage your business is in or your organization’s sector/industry (some estimates show up to 30% of educators/administrators may retire in the next 3-5 years!).  Through succession planning, business owners and organizational leaders can be prepared for unforeseen potential from:

• The Four D’s: Death, Disaster, Disability and Divorce
• The “Silver Tsunami of Retirement” — as baby boomers retire, our local business landscape is poised to go through a dramatic shift & we will see a substantial ownership and  leadership changeover of locally held businesses and organizations

Register and learn more by clicking herehttps://www.performanceexcellencenetwork.org/pensights/events/succession-planning-mar-18-online-pen-discussion/