Deloitte: Developing a clear succession plan

From financial and legal implications to family dynamics, there are lots of factors to consider when planning the future of your business

David Shanahan, director, tax division, Deloitte
Niall Glynn, partner, Deloitte

A common theme observed by Deloitte Best Managed Companies coaches over the past number of years is the lack of attention and time given to companies having a comprehensive succession plan.

While companies usually have a clear commercial strategy when it comes to planning for the long term, there is less clarity around ...