How to Make Succession Planning Effective | 813
“One-third of your time as a leader should be spent training your replacement.” — Dave Lorenzo
What You’ll Discover Today:
Succession planning is often buried in corporate-speak and theory. But if you want to increase your business value and protect your legacy, you need a practical, repeatable approach that actually works. In this episode, Dave Lorenzo gives you a blueprint based on real-world experience as a hotel executive and growth consultant to family businesses.
Key Topics Discussed:
- Why theoretical succession plans fail
- How to outline a job role for effective training
- Using a daily checklist to boost accountability
- The simple time-tracking method that builds better systems
- How to turn calendar data into a training curriculum
- Why every manager should spend one-third of their time training others
- The direct link between succession planning and business valuation
- How Exit Success Lab builds leadership pipelines with every client
Links and Resources:
- Subscribe via Email: GetInsideBS.com
- Listen on Spotify: Inside BS Show on Spotify
- Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
- Call Us: (305) 692-5531
Call to Action:
Spend one-third of your time preparing your successor. It’s the single most valuable investment you can make in your business. Subscribe to the show, leave a review, and forward this episode to another family business owner today.