Makingchips | Equipping Manufacturing Leaders

The Challenge of Implementing a Succession Plan with Bob Bechtold

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Sinopsis

In order for your manufacturing company to outlast your leadership tenure, it’s a good idea to have a succession plan. After investing so much time and energy into building a successful company, it can be difficult to hand over your responsibilities to another person. Having a succession plan can ensure that the right person is in place when the time comes. Doing so protects your employees and prepares the company for continued longevity. In this episode of MakingChips, you’ll hear Bob Bechtold talk about his success in starting and leading HARBEC in Ontario, New York. You’ll also hear about the challenges of developing his own succession plan. Connect with us: www.MakingChips.com/contact Do you have a 30-year plan? What will your business be like in the next 30 years? While it used to be necessary to have a long-term vision for your company, it is becoming increasingly difficult to plan far into the future. The rapid changes in technology and the global economy require more short-term planning. However, it i