Transition and Succession Planning

gear   LAMAC® Transition Coaching

  • We assist executives and employees with preparing for the emotional and psychological journey of a transition (before, during and after the voyage). Succession planning and transition management are a part of your leadership development strategy and organizational evolution.  Transition planning is not just for sudden departures and attrition.  Transition planning can be proactive and ongoing. It is a best practice for sustainability, vital for your company’s progress and innovation, essential for risk management and crucial for successful knowledge transfer.
  • Whether you are experiencing a transition of personnel, revamping processes or transferring knowledge internally or offshore, we can plan the overall transition program. LAMAC® also provides organizations and exiting executives with change transition coaching.  Our focus is on life coaching for change, transition planning, next phase career planning, communications, training and resistance management.
  • Organizations engaging in exit planning may require several outside experts including: attorneys, CPAs, wealth managers, financial planners, business brokers, M&A advisers, bankers, appraisers and management consultants.  We provide a preferred partner network specializing in these areas.

gear   LAMAC® Transition Services

  • Management Succession Planning
    • Scenarios for planned and unplanned executive departures
    • Key competencies assessments (internal and external candidates)
    • Talent mapping/bench review
    • Career path planning
    • Executive search options
  • Knowledge Process Transfer or Outsourcing
    • Process or system mapping
    • Process or system re-engineering
    • Documentation and transfer
    • Service level agreements
    • KPI and metric creation
  • Transition Change Coaching
  • Business Transition/Succession Program Management
    • Transition project charter
    • Assessment of needs and objectives
    • Timeline creation
    • Risk identification and mitigation planning
    • Implement action plan
  • Organizational Transition OD/Change Management
    • Communications plans (public, internal, key stakeholders)
    • Operational plan for the interim or successor executive
    • Organizational development and training
    • Organizational charting
    • Job description creation
    • Talent development action plans

gear   LAMAC® Preferred Partner Services

  • Talent Recruitment
  • Business Valuation
  • Business Financial Planning
  • Personal Financial Planning
  • Estate Planning 
  • Ownership Transition Planning
  • Deal Structuring and Negotiations
  • Tax Strategies
  • Buyer and Seller Due Diligence
  • Insurance and Risk Management
  • Compliance