“There has become a great awareness
of the length of time it takes to have a
successful
succession.
Having conversations
earlier,
having an idea
of where everyone
is currently,
and where
they want to go
is critical. Starting these open conversations,
with ongoing intentional
follow-up discussions is really powerful,”
says Patti Durand, business advisor
with Farm Credit Canada.
Durand says that the best future-focused
business strategy is to keep all
team members on the same page.