Here’s a concise definition of succession planning. I found it at the National Federation of Independent Business web site :

“Effective succession planning involves building the value of your business during your period of ownership and management, and having a plan in place when you’re ready to step down. It means that management authority and control are delegated responsibly. read more »

Entrepreneurship is not just for entrepreneurs. The critical elements of personal autonomy and earned rewards can be just as effective on the shop floor. read more »