Six Big Mistakes in Succession Planning

And three reasons staffers don’t want “in.”

By Marc Rosenberg
The Rosenberg Practice Management Library

Accounting firms worldwide are dealing with an enormously difficult challenge today – one that has topped every firm’s list of critical issues since the turn of the century and will continue to be a high priority for years to come. The vast majority of firms struggle with it. Failure to solve it causes hundreds of firms to merge out of existence every year.

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The “it” is, of course, succession planning, with difficulties rooted in a perfect storm of causes: