Succession is recognized as a crucial tool for creating enduring businesses that can thrive over time. A new collaboration with VestGen Wealth Partners will focus on the art of succession in business, investing, and life. The first piece reflects on world-renowned companies that have effectively embedded succession into their organizational culture. Analyzing succession provides a valuable perspective for long-term investment, emphasizing the importance of leadership continuity that extends beyond individual tenures. Investing in leaders prepared for succession is vital for sustainable growth.
"If you care about compounding over time, you need systems that outlive you."
"It's not just about continuity - it's about the right continuity. The next leader must be more than a placeholder; they have to be deeply invested in the business - its craft, its people, its mission."
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