When faced with the succession challenge, many owners in the E&C industry don’t know where to begin. According to FMI’s 2017 OTMS Survey, “only 59% of respondents were confident in their successors’ ability to lead the business in the future.” Many next-generation leaders aren’t prepared to lead their business, and for baby boomers who have delayed their transition planning, the options are dwindling due to the amount of time needed for effective ownership and leadership transition. Now more than ever, companies need to raise the bar when it comes to developing and investing in leaders across the organization.
During this webinar, we:
- Explored strategies for owners to successfully transition ownership while growing their companies
- Discussed the realities involved with selling your business and the preparation required to do it successfully
- Reviewed survey results and key findings from FMI’s 2017 OTMS Survey