Succession Planning to build Value for Exit

For Investor Directors, Chairs, NXDs and CEOs

Designed for companies preparing for high growth where the board want to work together to effectively prepare to build strength and depth in their team ensuring that the founding team are able to work “on” not “in” the business and surround themselves with a strong and credible team at all levels.

Either following The Strategic Funding Plan or as a stand-alone workshop it gives the opportunity to bring together non-executive directors to share in best practice and invite CEOs to engage in participative learning to explore how to prepare for succession planning early. People are one of a company’s greatest assets and having strength and depth in the team, ensuring that the business is not reliant on one or two key individuals will add value to the company at exit. In addition risks will be lower and reliance reduced, while building leaders at all levels encourages and fosters continued improvement and innovation making the business a more attractive proposition for both exit and further investment. All roles including Exec and Non-Exec should have clear goals and measurements, with a view to succession in terms of benefit to the business and all stakeholders. Without open and regular discussion around these areas this becomes a taboo subject and can restrict future growth, the ability to attract good talent to the team and exit.

Key Outcomes

Understanding how to create leaders throughout the business
Recognising and utilising potential
Indentifying and overcoming over-reliance
Leading Outcomes
Effective succession planning in line with key business milestones
Developing strength and depth in the team and the board
Understanding teams and building high performing teams

Facilitator

Kirsty is the founder of Gearing for Growth, a strategic business consultancy supporting growing businesses to develop strong leadership; values led cultures, high performance teams and effective boards. An experienced SME MD, having built, led and exited a leading short break tourism business, with over 20 years experience in growing businesses, leading and coaching both, individuals and teams. An accredited executive coach who is passionate about supporting founders and leaders to achieve their potential and that of their business and team and having started her career in sales and marketing she still has a strong commercial and customer focus.

She is an Association for Coaching accredited executive coach, an accredited user of DISC psychometric profiling an experienced user of 360 degree tool and also holds a Certificate in Coaching from the University of Strathclyde, an International Coaching Federation Accredited Coaching Practice Certificate and a Chartered Institute of Marketing Postgraduate Diploma. Kirsty also actively participates in ongoing CPD and mentors for the Princes Trust Youth Business Scotland, E-Spark, is a trustee for Cyrenians and a module Leader for MSC in Entrepreneurial Leadership at Edinburgh Napier University.

Succession Planning to Build Value for Exit