We focus on identifying and growing talent to fill leadership and business-critical positions in the future.
The focus for most business owners is to build up their business and little thought is given to what happens to the business once they are no longer able or wanting to run the business. It can be a challenging task to plan your own succession in the right way.
Here at Global M&A we help business owners through the process, from thinking through what the future plans are to working out the steps needed to get there.
We work together with the business owner to make a strategy that is unique to their situation and goals, training them and advising on preparations that are needed and working through the financial implications.
We help with the whole transition process, whether it is handing over to another family member, to management or as an acquisition to outside buyer.
It is essential when planning for a successful succession to have expert help, so that the business can continue to develop, and the owner can have ease of mind that they will be financially secure into the future.
Companies do not have a single internal candidate to replace the CEO
Leaders believe leadership succession planning is extremely important
Executives fail within the first 18 months of being promoted or hired