
Mapping out a smooth transition
When bringing in a new owner or manager, start by giving them a small responsibility and increasing it incrementally. This approach can help give the successor time to grow into the business while gradually increasing the confidence of the departing chief. It will also give employees a chance to become accustomed to the new boss-in-waiting.Unlike when Roy Leppo retired, his son Dick made an abrupt exit when handing off the business to his own son, Dale. While the quick switch made some things easier for Dale, he and the sales manager disagreed over which products to sell. The manager left and so did the other sales employees.
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Mapping out a smooth transition