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VERSION:2.0
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X-WR-CALNAME:Trusted Community Development Association, Inc. Events
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UID:b72f9cbbf758eeb01390a575b779741d@www.tcdne.org
DTSTAMP:20260202T205102Z
DTSTART:20260210T160000Z
DURATION:PT8H
SUMMARY:Don’t Leave It to Chance: How to Build a Strong Succession Plan
DESCRIPTION:Is your business ready for the future? Every business owner\, regardless of size or industry\, must one day address the critical question: Who will take over when I'm ready to step away?In this powerful\, real-world-driven webinar\, you'll gain a strategic framework for designing and implementing a succession plan that ensures business continuity\, protects your company’s value\, and supports long-term growth. Using a case study from a real manufacturing leadership transition\, this session brings the process to life—showing not only the steps but also the common pitfalls that can derail succession efforts.You’ll walk through a five-step process that includes assessing position value\, defining future needs\, and developing selection criteria for potential successors—whether you're hiring from outside or grooming internal talent. Whether your business is in growth mode or you're thinking about a future exit\, this session is essential preparation for what lies ahead.What You’ll Learn:Why succession planning is a strategic necessity—not just a backup planHow to assess the current value and future potential of key rolesHow to avoid common mistakes that cost time\, money\, and talentHow to align candidate selection with business goals and company strategyHow to make the business case for investment in leadership transition
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