Succession planning often gets pushed to the back burner, treated as a mere response to leadership departures. At DRAX, however, we champion a forward-thinking approach and know that effective succession planning isn't reactive. The composition of a leadership team isn’t something to set and forget. It requires ongoing scrutiny to ensure the mix of skills, experience, and behaviours matches the evolving needs of the Value Creation Plan. The team that steered the business to its current position might not be best placed to navigate the next growth phase. Understanding the specific leadership qualities needed at each VCP milestone is critical for both investors and the companies they back. Our teams are experienced in proactive succession planning and understand how it can elevate investment outcomes. https://bit.ly/43LDrVf DRAX is part of The LCap Group: Altus Partners, Rowan, Leadership Dynamics, PACE. #leadership #leader #privateequity #venturecapital
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We speak a lot about succession planning at Rowan. Often we are supporting our clients at an early stage with founder succession planning - what the team around the founder should look like to drive the desired growth and ensure they remain in the optimum role. Our colleagues at DRAX work with clients looking to build succession planning into entire leadership teams - managing how that team needs to evolve and change as the business progresses through future stages of its value creation plans. Rowan and Drax Executive are part of The LCap Group along with Drax Affinity, Altus Partners, Leadership Dynamics and PACE #SuccessionPlanning #leadership #business
Succession planning often gets sidelined, treated as a reactive measure for unexpected leadership changes. At DRAX, we advocate a strategic, forward-looking approach that sees succession planning as a core part of sustainable growth. Leadership teams aren’t “set it and forget it.” Their composition needs ongoing assessment to ensure the right balance of skills, experience, and behaviours aligns with the Value Creation Plan’s evolving needs. After all, the team that guided a business to its current success may not be the team to lead it into the next phase of growth. Our team’s expertise in proactive succession planning empowers investors and businesses to identify and prepare the leaders needed at every stage of growth—unlocking potential and maximising value. DRAX are part of The LCap Group: Drax Affinity, Altus Partners, Rowan, Leadership Dynamics and PACE #SuccessionPlanning #Leadership #PrivateEquity
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Succession planning often gets sidelined, treated as a reactive measure for unexpected leadership changes. At DRAX, we advocate a strategic, forward-looking approach that sees succession planning as a core part of sustainable growth. Leadership teams aren’t “set it and forget it.” Their composition needs ongoing assessment to ensure the right balance of skills, experience, and behaviours aligns with the Value Creation Plan’s evolving needs. After all, the team that guided a business to its current success may not be the team to lead it into the next phase of growth. Our team’s expertise in proactive succession planning empowers investors and businesses to identify and prepare the leaders needed at every stage of growth—unlocking potential and maximising value. DRAX are part of The LCap Group: Drax Affinity, Altus Partners, Rowan, Leadership Dynamics and PACE #SuccessionPlanning #Leadership #PrivateEquity
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Did you know that postponing a CEO transition by a month can extend the investment cycle by about three weeks. At DRAX, we know that the reluctance of investment teams and high-growth companies to initiate conversations about leadership transitions can negatively impact value creation. And we have worked with top-performing businesses, supporting them as they embrace leadership change more readily. The repercussions of delaying planned leadership changes can be significant. And where the true benefit of proactive succession planning lies. Interested to understand how DRAX can help you embrace leadership change and get ahead of the succession planning curve? Get in touch with a member of our team today https://bit.ly/3OElC46 DRAX are part of The LCap Group: Altus Partners, Rowan, Leadership Dynamics, PACE #leadership #PrivateEquity #business
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Executive turnover can disrupt even the best-run companies. That’s why at MJS Resources, we emphasize the importance of executive succession planning. Our executive search process helps companies find leaders who not only excel today but are also prepared to take on greater responsibility in the future. Planning for leadership transitions ensures continuity and long-term success. Let us help you build a resilient leadership pipeline. #SuccessionPlanning #LeadershipPipeline #ExecutiveSearch #MJSResources
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Family Wealth Advisor | Business Change Management | Organizational Leadership | Assess Next Gen | Succession Planning | Executive Coaching
Focusing on continuity goes beyond just succession planning. It involves ensuring the long-term sustainability, stability, and prosperity of the business across different generations. A focus on continuity ensures a seamless transfer of leadership, values, and operations from one generation to the next. #familybusiness #nextgen #familyenterprise #successionplanning
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As a business advisor, unlock growth opportunities with the International Succession Planning Association (ISPA). Access advanced tools to bolster client service, enhance marketability, and drive business growth.
As business advisors, embracing a comprehensive approach to succession planning can significantly enhance the value we offer, guiding our clients through the complexities of leadership transition with foresight and strategic planning. Read more 👉 https://lttr.ai/ARj0W #FamilyBusiness #Succession #BusinessCoaches #WealthManagers #FinancialPlanners #ExitPlanning #ScenarioPlanning #SuccessionPlanning #BusinessAdvisory #GrowBusiness #CompanySLongTermGoals #RealImpact
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Are you a privately held or family-owned real estate business? EY’s three-phased approach to succession planning can help you safeguard operational continuity, align leadership transition with your goals and cultivates future leaders. Empower your legacy today: https://ow.ly/psHK30sCjq9 #EYCanada #BetterWorkingWorld #RealEstate
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Taking complex family business transition matters and making them more accessible for better decision making. Consultant, Family Business Consulting Group/President, Provenance Hill Consulting
Succession planning within a family business can be an incredibly challenging process that very few are truly prepared to initiate let alone complete. Unlike some work tasks, succession planning is a complicated, often an emotionally charged process that takes an unwavering commitment and time to complete. Unfortunately, family businesses tend to be more reactive rather than proactive with these critical leadership transitions. That, however, doesn’t set next-generation (“NextGen”) leaders up for success. It merely enables them to grab the reins and hold on as best they can when they take over for their Leading Gen executives. Read more at the link below: https://buff.ly/3X72Qnh . . . #familyowned #familyoperated #thefbcg #fbcg #familybusiness #nextgenerationleaders #multigenerationfamilybusiness
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Are you a privately held or family-owned real estate business? EY’s three-phased approach to succession planning can help you safeguard operational continuity, align leadership transition with your goals and cultivates future leaders. Empower your legacy today: https://ow.ly/YJOb30sClZ0 #EYCanada #BetterWorkingWorld #RealEstate
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