Managing for Today and Tomorrow. Succession Planning Session Three Block three. Objectives. SWOT Analysis Uses of SWOT analysis Goals and SWOT SWOT exercise Overcoming barriers to successful transition plan The D’s Equal vs Fair treatment of contributors.
Hand out and Reference Material:
SWOT Analysis: A tool for making better business decisions
USDA-RMA, August, 2008
Severity of Impact
Frequency of Events
Issues of fairness
one perspective on fair vs equal
Understand how assets are transferred in probate
Identify farm or ranch heirs/managers
Do they want to continue
Communicate the transition plan
Put the transition plan into action
At this point can you answer yes to the following questions?