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The Murdoch family transition provides an interesting case study in succession planning, and why it's important to prepare for leadership transition and communicate expectations for next generation success.
Brian Trzcinski discusses questions business owners need to answer to enhance value and reduce risk.
The problem statement is a compass that guides your team through the maze of challenges toward efficient solutions. However, crafting a problem statement isn't as simple as it may seem; it requires finesse and precision.
Business transition and succession planning involves big decisions. There are emotional aspects too! While there's no one roadmap, here are six critical steps to achieve business transition success regardless of which path you take.
![How to Avoid Exits Regrets with Laurie Barkman, Stony Hill Advisors [Video]](https://thebusinesstransitionsherpa.com/wp-content/uploads/2023/09/How-to-Avoid-Exit-Regrets-Stony-Hill-400x250.jpeg)
Ever wondered why some business owners experience feelings of regret after selling their businesses? In this webinar titled "How to Avoid Exit Regrets," we delve into this often-overlooked aspect of business ownership.
AI automation can be a game-changer for small businesses looking to streamline their processes, save time and money, and stay competitive. With the help of AI, small businesses can achieve greater efficiency, make better decisions, and improve the overall customer experience.
Eva talks candidly with host Laurie Barkman about how the business consumed the family, and caused relationships to become dysfunctional.
how the lack of planning for business succession can lead to decreased value and challenges during transition. She emphasizes the benefits of early exit strategy development, which not only enhances business value but also contributes to overall profitability and satisfaction.
![130: Get Intentional With Your Business Legacy, John Lee Dumas @EOFire [Legacy Series]](https://thebusinesstransitionsherpa.com/wp-content/uploads/2023/09/130-Succession-Stories-Podcast-John-Lee-Dumas-Entrepreneurs-On-Fire-Succession-Stories-400x250.jpg)
JLD joins Succession Stories host Laurie Barkman to talk about business and personal legacy. What does it take to create a business that leaves a lasting legacy?
Laurie Barkman emphasizes the importance of decreasing owner dependency for increased business value. She presents seven actionable strategies, including building leadership teams, delegating tasks, and aligning incentives, that help organizations thrive beyond their owners' involvement.
In this enlightening episode, Laurie joins host Ross Brannon to discuss the dynamics of selling a business, the ideal time to sell, and the significance of expanding one's identity beyond one's business.
The recent buyout offer between U.S. Steel and Cleveland-Cliffs is a prime example of a critical business decision. Laurie emphasized the importance of careful evaluation in such scenarios.
#NeverRetire movement is gaining traction and challenging the idea that retirement is the ultimate goal.
![128: [LEGACY SERIES] How This Entrepreneur Is Planning His Future Exit and Benefiting From Talking About It, Bill Spohn](https://thebusinesstransitionsherpa.com/wp-content/uploads/2023/09/128-Succession-Stories-Podcast-Bill-Spohn-TruTech-Tools-Succession-Stories-400x250.jpg)
Bill joins host Laurie Barkman on Succession Stories for a "Legacy Series" conversation how entrepreneurs can start plan your future exit and benefit from talking about it.
Leadership transition and change management go hand-in-hand. Sometimes the transition for new leaders into organizations goes smoothly, like a baton handoff in a relay race. Other times, new leaders struggle to find their footing.