Succession Planning, Construction Company

dr.cassalty

The owner and leader of this twenty-year old multi-state specialty construction company wanted to retire and transition ownership to the four members of his Senior Leadership Team. The SLT members were the financial manager, who had been with the company from its inception, and the owner’s three children, who had worked for the company from 7-12 years. A four month coaching program with the owner discerned his motivation and desired outcomes for the ownership transition. Next, CLC initiated a six-month team-coaching program with his SLT. A Team Charter was crafted, which laid the ground rules for the SLT to leverage one another’s strengths and successfully solve the many challenges facing them. The transition was successful and the owner was able to retire within a year.

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