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Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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How to Make Succession Planning Effective | 813

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Manage episode 483837289 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

“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:

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.

  continue reading

810 episodes

Artwork
iconShare
 
Manage episode 483837289 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

“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:

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.

  continue reading

810 episodes

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