What Does “Business Succession” Mean?

Several years ago we were hired by a Midwestern contractor to do “business succession.” After a month or two on the job, the contractor called Wayne and asked, “What the heck are you guys doing?!?” What happened? Where was the disconnect? How did Wayne manage to screw this assignment up?

Please tune in this week as Wayne tells his somewhat humiliating story and gives you the Performance Construction Advisors’ version of what contractor succession planning is and the five critical components that separate excellent succession plans from poor ones. What do you think? Did he leave anything out? Please share with us in the comments.

The next class of Contractor Business Boot Camp begins in Raleigh in two weeks. If you haven’t yet enrolled your rising leaders to this one-of-a-kind leadership development program, do it NOW! This is the best investment you will make towards building their leadership future. Contact Charlotte at ckopp3@performanceconstruction.com to find out more.

Please come back later for transcript

  1. Did you mention carrying culture forward protecting it for future?
    That was important to our family’s legacy to me.

    • Don’t think I did, Andy. Good catch!

  2. Very interesting, hits home Wayne.

    • Thanks, Mike.

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