Mary Pat Blake, Blake Strategic Consulting, Discusses Five Steps Needed to Implement a Succession Plan on “Money Talk with Bob Hardcastle”
Mary Pat Blake, Blake Strategic Consulting president and founder, offers advice to entrepreneurs on succession planning.
“Succession planning creates a lasting value for your company. It’s about getting the right people in the right position at the right time,” said Blake, a nationally recognized business strategist who specializes in the broadband, Internet, Cable TV, emerging technology, telecommunications, consumer products and consumer services industries.
She gave the five following steps for entrepreneurs to implement a business success plan:
• Identify key positions within the company for future growth
• Identify 1-3 individuals for each of those key positions
• Share knowledge each week with candidates for those key positions
• Track progress of candidates’ professional growth
• Review your business plan annually to make sure your succession plan supports it.
To view the video of Blake’s television interview, “Lasting Value through Succession Planning” and her other business videos, please click on the link, http://www.youtube.com/user/blakestrategic.
Blake has been a frequent guest on Bob Hardcastle’s “Money Talk.” She discusses strategic business advice for entrepreneurs and executives on how to make the best business and financial decisions for their companies and for themselves.
Blake Strategic Consulting, founded in 2002 by Mary Pat Blake, founder and president, specializes in helping broadband, Internet, Cable TV, telecommunications, emerging technology, and consumer products and consumer services companies identify competitive advantage and avenues to revenue growth and profitability. Headquartered in Minneapolis, the firm has offices located in St. Louis, Milwaukee, and Cincinnati. For additional information, please visit the company Web site at www.marypatblake.com.
P.O. Box 240134
Ballwin, Missouri 63024
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