October at CVDM: succession is an ecosystem matter

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Succession isn’t something you prepare alone

Succession is often treated as a private matter, settled between an outgoing owner, a buyer and a few advisors. In reality, a successful transition also depends on everything around the business: its suppliers, its customers, its partners and the networks that open doors for it.

A new owner arriving with fresh ideas needs to get known quickly. An entrepreneur just starting out needs to find the right people without spending months looking. That’s where an ecosystem can play its part, simply by making the right connections easier to make.

What’s ahead this month

Throughout October, we’ll share stories of succession and fresh starts from across the ecosystem, perspectives on what works (and what gets stuck) in transitions, and useful resources to help you prepare.

We’ll also see you on the ground: at SIQ Québec (October 6 to 8), MTL connecte (October 13 to 16) and the STIQ Journée Donneurs d’ordres (October 27, Laval). On October 22, we’ll also host a webinar with our strategic partner Slimstock Canada on getting more value from operational data. Registration details coming soon.

We want to hear your story

Have you taken over a business, prepared your succession or launched a new manufacturing venture? Are you welcoming a new generation of managers to your team? Write to us by October 16 at info@cvdm.org. Selected stories will be shared on our platforms during the month.

Photo: Pexels / Olly

 

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