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Owning a Business · Aug 11, 2026

Creating the Succession Plan

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At a succession-planning meeting, the first job is not to decide anything. It is to give the group the information a decision requires. If the topic is choosing a chief executive officer, the meeting opens with how comparable businesses handle that choice, not with a vote. Only once the group understands the choices and has had its questions answered does polling begin, and polling does not mean…

See it on rickriebesell.substack.com

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