Succession Planning – Tips for a Successful Future

Feb 2, 2021 | Business

The Better Business Roundtable is a monthly live segment that features business experts from our community. These amazing leaders bring a wealth of experience in owning and running a business that they share with other companies in our area.

We are honored that our CEO Tom McDougall was asked to be a part of such a wonderful group of business leaders. Other participants include Dan Staller, Market President at Starion Bank, Chad Flanagan, a partner in Charge of Business Valuation at Eide Bailly, and Tyler Leverington, Corporate Attorney at Ohnstad Twichell Law Firm.

Succession Planning

Technology isn’t the only thing business leaders need to be concerned about, Succession Planning is an important piece of operating a business and should be thought out carefully. In fact, all organizations can benefit from the principles of identifying crucial job skills, knowledge, social relationships, and organizational practices and passing them on to prepare the next generation of workers, thereby ensuring the seamless movement of talent within the organization.

Subscribe to “What’s On Your Mind”

Want More From the Roundtable?

Tune in to AM1100 WZFG The Flag on the 3rd Tuesday of each month during the What’s On Your Mind Program from 9-11am CST.

Tags: Tips

Recent Posts

Is Microsoft Copilot for M365 Right for Your Business?

Is Microsoft Copilot for M365 Right for Your Business?

There’s been a lot of buzz around the highly anticipated limited launch of Copilot for M365 by Microsoft. People are talking, and understandably so. It's got everyone excited and curious, but it's also raised some valid security questions. Let's dive in and explore...

Why Invest in Physical Security Technology?

Why Invest in Physical Security Technology?

In an increasingly digital world, it's easy to overlook the importance of physical security. However, the safety of physical assets, whether it's your office building or equipment, remains a crucial aspect of overall business security. So, continue reading to learn...

The Basic Guide to Cyber Insurance

The Basic Guide to Cyber Insurance

With the ever-changing world of cybersecurity, it’s more important than ever for businesses to manage potential risks and keep their data safe. While the advancement in technology has made our lives easier, it has also caused a major rise in cyber threats....

High Point Networks Welcomes Chief Financial Officer

High Point Networks Welcomes Chief Financial Officer

Press Release January 11, 2023 – West Fargo, ND, High Point Networks, adds Chad Rieth as Chief Financial Officer. High Point Networks proudly welcomes Rieth, who brings more than three decades of experience in the financial industry with him. For the past 15 years, he...

We're Here to Help

Curious about our services? Need to chat with support?

High Point Networks happy team members