When you’re ready to retire, the most important employee is the one you haven’t hired yet.
For over 18 years, Acumen has guided businesses through leadership transitions, offering expert support in successor selection, executive onboarding, and long-term succession planning. Let us help you build a legacy that lasts.
TODAY’S trends
- Current owner(s) retain some percentage of ownership
- Owner hires President, GM, and/or COO
- Work together for a vesting period of 2-4 years
- New employee either injects cash upfront or percentage of bonus is used for monies to transfer to owner at end of vesting schedule
- Deferred compensation is established and secured
- Insurance policies created for both parties
- All stakeholders agree ahead of time – no misinterpretations
Hire your successor without a fire drill and with confidence, knowing you are well-positioned for your next chapter in life.
Fact: 45% of the world’s largest corporations have no meaningful approach in place for developing their next CEO
Fact: 70% of organizations do not currently have any formal plan or succession planning process
Read Our Latest Succession Planning Blog Posts
- How Strategic Succession Sparked Fast Growth at a High-Tech Manufacturer
Challenge: A long-established high-tech manufacturing firm, led by a Gen 2 CEO, faced the complex task of merging teams, improving operations, and bridging generational leadership style, all while aiming for ambitious growth. Action: Acumen conducted a transparent, integrity-driven executive search, placing a President whose expertise and people-first approach empowered both the founding vision of Gen… Read more: How Strategic Succession Sparked Fast Growth at a High-Tech Manufacturer - When Should You Start Succession Planning?
Leadership transitions are inevitable, but whether they strengthen or destabilize your organization depends on how well you prepare. The question isn’t IF you should plan for succession; it’s WHEN. And the answer is simple: start sooner than you think. With the Silver Tsunami, Grey Wave, and other metaphors describing the retirement boom, organizations are facing… Read more: When Should You Start Succession Planning? - Successions: Is Contingency Planning Enough?
Michael Beck of Eliciting Excellence wrote a thought-provoking article about Successions. What happens if the successor you bring in to run your company after you leave doesn’t do well? Michael explains the ways he and his company ensure that the successor you bring in is the right person for the job. - Transition & Exit Planning: Why, When & How? Hosted by Ideal Business Transition Solutions and Now CFO
Do you have solutions penned for the uncertainty in life? Are your family and employees protected? - Transition & Exit Planning – The Why, When, and What
Succession planning webinar on how to maximize financial return and strengthen your organization as you plan for retirement. - Retire Without Selling – Putting Your Plan to Work, Part 3
Retiring without selling, putting your plan to work. Part 3 of series lead by Alice Tang, Suzanne Hanifin, Don Bielen, and Jim Grew.