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Certified Executive Coach, Business Coach and Master Coach Trainer
Rick Crain
Breakthrough Business Solutions, LLC
Office: (404) 799-1020
Cell: (404) 217-9924
RickCrain@ActionCoach.com
www.ActionCoach.com/RickCrain
Family Business Succession Plan: Do You Have One?
STOP procrastinating! Here’s why...
- Only 30% of family owned businesses survive to the second generation, 12% to the third, and 3% to the fourth.
- Of the hundreds of thousands of CEOs who want to exit their family business in the next 5 years, 55% have not yet chosen their replacement.
Passing the torch to the next generation is probably the most challenging demand that a CEO will face. Yet managing succession is the task that is most critical to securing the future of private enterprise across the United States.
At Breakthrough Business Solutions, our goal is to help you plan, prepare and transition your next generation leader so you, the owner, can have peace-of-mind and enjoy the life that you deserve.
You will benefit from our Succession Planning and Management process by...
- Embracing a ‘culture of coaching’ into the planning and succession management process that accelerates your successor’s transition while focusing on the health of the Company.
- Engaging and mobilizing your most loyal non-family team members before, during and after the transition to your successor so it is seamless and ‘non-eventful’.
- Building for the future by creating a high performance culture that preserves and strengthens your shared vision and values and invites loyalty across the organization.
- Continuously measuring progress, making adjustments, and setting aggressive but realistic goals that fit the potential of the incoming and outgoing leaders, backed by accountably – a ‘Real-Time Succession Management Process’.
- Grooming your successor and key associates to build on the strong family identity and principles that you leave behind in support of future generations.
Our Master Executive Coaching program for family-owned businesses in transition to the next generation is a strategic and powerful way to introduce a ‘Culture of Coaching’ into your organization. You can rest assured that your business and livelihood can be trusted to the current and next generation leaders.
About Rick Crain
Rick has an extensive succession planning and management background with more than 20 years of experience in leadership and organizational development, including responsibility for the startup and operations of two businesses that grew to $15 and $40 million in revenue respectively. In each case, Rick successfully developed his successor and transitioned the hundreds of many loyal associates reporting to him. He successfully led a $100 million merger while seamlessly transitioning the leaders and cultures into a single high performing organization.