You know how the experts say that the very first task of an incoming CEO is to identify his or her successor. Well, guess what: the very first action the founder of a newly-minted business should take, is to create their Exit Plan – actually two Exit Plans – one for a...
Over 46 million Americans voluntarily left their jobs in 2022 alone. The so-called Great Resignation has already affected organizations of all industries and sizes – professional services firms are no exception. The struggle to attract and retain top talent has...
What is the main challenge keeping startups from sustainable growth? If you think of financing or market conditions, you’re not entirely wrong. After all, the startup environment is filled with risk, from tech to product. But there’s a bigger threat to...
Sellers In very recent conversations with the founders of two professional services firms currently considering the near-term sale of their businesses, the same exact comment was made to me: “We definitely want to sell but are so busy presently – and pretty...
Positioning businesses for growth is mostly “business as usual” for professional services firms. But what happens when they start considering their own growth? Professional services firms are very good at telling others how to navigate tricky situations. Whether they...
This Insight has been contributed by Dr. Steve Krupp, a highly respected and valued colleague of mine at Right Management and Heidrick & Struggles. He and I shared opposite “sides” of the two transaction narratives that he shares here. In both cases, I would...
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