Evidence from the employee-owned community suggests it pays to start planning the succession of your company’s leadership well in advance.
When the founder of Falco decides to stap back a leadership tem needs to be ready and in place to manage the company day-to-day as well as making key decisions on its medium/long term future.
Click to download “The Road to Succession” – a guidance document on how to formulate succession strategies based on interviews with founders and successors of 25 employee-owned businesses.
The EOA also provides e-learning tools on this subject: https://employeeownership.co.uk/member-services/eolearn/