Changing Places

Making a Success of Succession Planning for Entrepreneurs and Family Business Owners

by David Franzetta



Book Details

Language : English
Publication Date : 10/2/2012

Format : Softcover
Dimensions : 5x8
Page Count : 128
ISBN : 9781477266939
Format : E-Book
Dimensions : N/A
Page Count : 128
ISBN : 9781477266922

About the Book

You've built your company up and made it a success. How can you be sure that the next generation of company leadership will sustain your success? What role will you play in that evolution? And where can you, the small business owner, look for help with succession planning, when most of the literature on the subject is aimed at the HR departments of Fortune 500 companies?

Changing Places is written for you, filling that gap by preparing you to deal with the complex web of emotionally charged situations that arise from conflicting personal, family and business goals. Throughout the book, Dave Franzetta and Moss Jackson emphasize the importance of managing not only the structural changes that you set in place, but also the personal, transitional challenges that arise from changing circumstances. They take you through all the important components of planning your exit and managing the transitions, beginning with preparing for your own, personal transition by creating your personal succession planning roadmap and building a transition advisory team. Other chapters are devoted to critical topics, such as hiring, leader selection and leadership development for smaller firms, leading to a discussion of options for changeover and buyout funding, concluding with advice on preparing your company for sale to outsiders when that is your best option.

Whether you are ready to step down soon, or ten years down the road, Changing Places is your essential guide. Every topic is thoroughly informed by the authors’ decades of experience. Their stories bring to life the potential problems faced by business owners, and the practical solutions others have adopted. Thought provoking questions at the end of each chapter will launch and direct your own succession and transition plans.

Start your leadership transition journey now. Changing Places will help you keep the success in succession planning.

About the Author

Dave Franzetta is an innovative thinker and creative problem solver who developed strong leadership and leadership development capabilities over his thirty-year career with Prudential Financial. When he retired from Prudential in 2004 he began his work as an advisor with international think-tank Interchange Associates. A year later he founded Designed Outcomes, a highly specialized consulting firm that works with senior executives to resolve complex and pervasive business problems and business-growth challenges.

His focus is on finding relatively inexpensive and easy to implement ways to resolve, and sometimes simply dissolve, pervasive and vexing business problems. Specialty areas include: working with senior executives to improve their effectiveness, leadership development program design and delivery, and transition and succession planning for entrepreneurs and family-owned businesses.

Moss A. Jackson, Ph.D. is a clinical and organizational psychologist. For more than thirty years he has specialized in teaching people to navigate their lives with success by helping them discover and execute their personal visions and dreams. He is the author of two previous books, Navigating for Success: Passion Goals, & Action, and Navigating Your Business Relationships: 52 Skills You Need to Know.

He is President of Corporate Initiatives, which offers cutting edge, on-line assessments to assist clients in identifying their talents, skills, motivators and competencies, leading to increased performance and personal satisfaction