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SUCCESSION PLANNING - 12 STEPS TO INVOLVE PEOPLE IN SETTING FARM GOALS, OBJECTIVES AND RESPONSIBILITIES

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1. Harvard Business School of Management states businesses who have an ongoing commitment to the management of succession planning and people management strategies in their businesses are on the whole 30% more profitable... The two could not be more opposite; it is inevitable that without understanding these two diverse systems issues will arise... Conflict is a very healthy ingredient to any progressive business, how it is handled and managed is the key to positive change and there would not be a family or business we work with who don't experience some form of conflict on their journey of successfully transitioning their business...