M&A Advisor Tip: Management Cross-Training
Management Cross-training and Succession Planning
A strong and committed management team has long been one of the attributes buyers look for in a business. And now, in the era of COVID-19, buyers will be increasingly interested in issues of cross-training, management succession, and leadership development. Buyers will be looking at how the business could be impacted if health issues or quarantine requirements prevent certain team members from working.
Review your management succession plans, leadership development and cross-training efforts now to alleviate concerns about key talent.
For further information on management development and succession planning in the context of a business sale or acquisition, or to discuss a current need, contact Al Statz, 707-781-8580 or email@example.com.