| Psychology of Succession
Program Type: Recorded Webinar (Audio, PPT)
Program Level: Overview
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: One (1) Hour
Fields of Study: Business Management & Organization
Shipping Weight: 0lbs. 0oz.
Paul Cronin of Successful Transition Planning Institute (STPI), will challenge your assumptions, share stories of both his clients and his own transitions, some facts and figures, and a path that motivates business owners towards their succession plan.
Sometimes called the "psychology of business succession", personal transition planning involves the emotional and intellectual issues that are present in business owners, as they contemplate leaving their companies. Owners and advisors must be aware of "what is going on inside" - and the sooner the better. Why? Because an owner whose personal needs, fears, and wants are not being addressed in the succession process will often find "irrational" reasons for procrastinating or even sabotaging the process.
"Caveat Emptor" may mean "Buyer Beware", but it applies equally to advisors.
STPI's programs seek to reveal the hidden issues of the business owner, so he/she can be fully prepared to do real business succession planning and lead to a happier life, or what STPI calls The Platinum Years®.
After completing this webinar, attendees will be able to:
- Articulate what is holding back business owners from proper succession planning (or doing any planning at all)
- Identity four elements of a "holistic succession strategy"
- Identify four lessons from owners who don't plan well
- List what is needed for owners to create a purposeful new life (post ownership)
- Articulate "Grey Divorce" and its impact on business owners
Who Should Attend
CEOs, CPAs, attorneys, practitioners, coaches, and consultants
Paul Cronin, COO
Mr. Paul Cronin has over 30 years of professional experience in sales, management, consulting, and entrepreneurship. He has participated in growing established and start-up businesses, having sold his most recent company in 2008. Since 2009, Mr. Cronin has been an integral part of transforming the Successful Transition Planning Institute into a leading firm in Transition Planning for Baby Boomers. Mr. Cronin has presented at the MIT Enterprise Forum, Northeastern University, Bentley University, Wheaton College, and Salem State University Massachusetts on issues of entrepreneurship and personal and business transition. He has a BS from the D’Amore-McKim School of Business at Northeastern University in Boston.