BONUS CHECKLISTS: 5 rules to govern a succession plan. 8 keys to an effective compensation system.
By Bill Reeb and Dominic Cingoranelli
We’ve seen a lot of frequently shared, misdirected advice on commonly discussed succession issues. We would rather stop focusing on symptoms and start focusing on resolving the root cause issues that a good succession plan should address.
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Our solution: The Robust Succession Framework
First and foremost, good succession management is a function of good business operating practices. Over and over, we find successful firms – including many that have even effectively retired partners in the past – that are overlooking some very important best practices.