succession arrangements are crucial to the development
and competitiveness of a company. As such, the timing
of succession-related deliberations, the involvement
of all concerned (family members, shareholders, other
investors, staff, clients, suppliers, any relevant
political bodies) and the open discussion of all the
options are key factors for success.
conjunction with entrepreneurs and directors, expert
academics and consultants,
Batard & Partners outlook has formulated ten key
ideas for corporate succession.
of a clear ownership strategy
of future prospects
in respect of succession arrangements
planning and timely implementation of succession
preparation and motivation of designated successors
of the company in a manner conducive to a smooth
when time comes
of various strategic options
of the value of the company from the successor's
point of view
of family assets and retirement provision
it comes to succession-related arrangements, the
right source of advice is essential.