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Tag Archives: succession planning

Succession Planning

Twists and Turns By Jim Wilson, Principal Consultant, The McDonald Group, Inc. The subject of succession planning has bubbled up to the top of many people’s list because of the emergence of a large group of baby boomers, and those five to ten years behind whose thought and planning have turned toward retirement. A relatively robust economy may help the ...

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Identifying and Training Successors

“How do you go about identifying and qualifying successors within your company, not only for the owners but also for those in key management positions as well?” – Connie Costner, President Mathand Material Handling Systems, Woodstock, GA   Scott Hennie, President, Elite Supply Chain Solutions, Hudson, OH This is an on-going conversation at the MHEDA Board Meetings and is identified ...

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Shepherding In a New Era

Quality Lift Trucks undergoes a major succession and transition plan By Steve Guglielmo Quality Lift Trucks was founded in 1978 on the principles of quality, integrity, service and commitment to its customers. The forklift dealership has grown by leaps and bounds in the last 36 years, expanding to include operations in Chula Vista and San Marcos, California as well as ...

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Personal Goodwill

Personal goodwill is the intangible value an owner or CEO brings to a company, and when selling a company, this must be taken into account. By Bart A. Basi and Marcus S. Renwick.

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Selling In

An employee owned stock option program, or ESOP, offers stock options to employees and makes them owners of the company. By James G. Steiker.

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