Legacy by Design LLC.

Cultivating Multigenerational Success in the Agricultural Community

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Blog

Moving Toward Ownership Transition

March 4, 2008, 1


Continued from yesterday's entry...

A Leadership Skills Inventory allows an owner to detail a development plan for the manager candidate. This will formalize the training and development process by which the successor may attain the leadership skills needed for a management position. Through this process, both will benefit from having specific steps and goals in writing.

In developing a customized plan, bear in mind that the specific demands of each agribusiness are unique - as a combination of vision and the foundation set by those who came before. Give careful thought to what may be needed for future success.

Comprehensive succession planning allows your agribusiness to prosper while ensuring your emotional and financial legacy.

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