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Succession Strategies 2010 and all that Bill Espie. The, not so quite obvious, obvious. Purpose before Process (Icebergs before deckchairs) Make sure the focus is very clear otherwise the process will be out of synch Get agreement for the focus Remember you are not an NDC anymore

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Presentation Transcript
slide1
Succession Strategies

2010 and all that

Bill Espie

the not so quite obvious obvious
The, not so quite obvious, obvious
  • Purpose before Process (Icebergs before deckchairs)
    • Make sure the focus is very clear otherwise the process will be out of synch
    • Get agreement for the focus
    • Remember you are not an NDC anymore
    • Do you really need to carry on?
    • Maintaining Partner Involvement
process
Process
  • Governance
    • Size matters
    • Selection or election
    • Usual suspects?
    • Accountability
  • Culture
    • What do you do with those “originals” ?
  • Legal
    • Type of legal entity
    • Assets and who may benefit from them
  • Grafting or separate planting?
    • Marketing
risks
Risks
  • Time
  • Decision Making
  • The Will
  • The Culture
  • The Skills
  • The Structure

All NDC’s have existed for the last 8+ years to give money away - The only reason that the plan will exist is to deliver further money, in whatever form and shape, to continue the regeneration of the area after the NDC funding stream runs out – sustainability.