How Planning Ahead Can Ensure Smooth Leadership Transition

There are two main considerations when deciding who will take over the ownership and management reins. Some companies pick executive successors without tampering with stock, and there are others who make it all part of a package deal. This year, two major industry forces decided to hand over ownership to employees, but the ability of those employees to run the company successfully played a major role, making long-time owners feel comfortable moving on…read more