Why do I need a succession strategy?

Picking a successor is a formidable challenge for a retiring business leader. For many owner/operators, it’s a necessity to juggle concerns about retirement, the wealth one can pass on to loved ones, the welfare of employees, obligations to customers, and upholding the values of the firm.

You may be 10 years out from retiring or you may already have a hand-picked successor in mind. Even if that’s the case, a succession strategy may help you balance the competing priorities inherent to succession. You can help ensure your financial goals are met while setting up the next generation of leadership for success.

You can get ahead on your succession plan with Ascendant’s Succession Strategy Program. It’s a mentor-protege program for incredibly successful transitions.

If you’ve already identified a successor, we’ll enroll them in our Protege cohort alongside associates of Ascendant Leadership Capital. They’ll start assisting you with operations according to the Ascendant growth playbook so that when it’s the right time for them to take over, they’ll be settling into a high-profit business ready for growth. They’ll learn alongside a network of peers with backgrounds scaling startups, consulting for Fortune 100 enterprises, and building world-changing technologies. Meanwhile, you’ll reap the gains of an energized partner driving revenue growth and higher profits.

If you haven’t identified a successor, the Succession Strategy Program gives you ample time to meet one. We’ll match you with multiple Proteges in a rotational program, with each associate spending 6 months with you as a dedicated partner. You’ll have the pick over who succeeds you and whoever you choose will have the backing of Ascendant’s combined expertise and network.

Wherever you are in your succession planning, Ascendant is motivated to help. Contact us or email me (Joe) at joe@ascendantlc.com to discuss.