Succession Solutions
Good succession planning puts the right individuals in the driver’s seat – where they take decisions with broad implications. Pursuing a succession solution is a complex process which will be different in every specific situation. At the same time, this is a very sensitive situation asking for a high degree of trust among all participants while keeping complete confidentiality to the outside. Succession advice starts by agreeing key issues and „ground rules“ – fundamental to an effective, transparent and smooth path towards the goal.
This process respects market requirements, strategic objectives and the people involved. It will typically use current best practices and due diligence in implementing all steps of the project to arrive at a well-informed decision.