How to Emotionally Prepare Key Stakeholders for a Successful Transition
People always have mixed feelings about change. When negative feelings are not surfaced and addressed in a systematic way, they often assert themselves exactly when they stand to do the most damage, at the closing.
Thoughtful exit planners do well to find ways to address the needs and concerns of all individuals and groups affected by an exit or business transition.
Our panelists will explore with us how to:
- Anticipate common hopes, concerns, feelings, and cognitive biases associated with exits
- Prepare the owner/s early on, so things go smoothly later
- Support the family, the leadership team, and the rest of the workforce
- Collaborate with experts in change management
Join us for this insightful conversation.
Our Moderator:
John Weidner
Managing Partner
Cornell Global LLC
John is Founder and Managing Partner of Cornell Global LLC, a Human Capital Strategy Consulting firm. Working with various sized companies across various industry sectors, John strives to drive increased company valuation through leadership development, talent acquisition and innovative people focused programs and processes. John’s corporate career included progressively responsible positions with Price Waterhouse, Bankers Trust, E. F. Hutton, Chemical Bank and later G.E. Capital. Since leaving corporate, John has founded three management and career coaching consulting firms; Cornell Global LLC, Pierway Associates LLC and Heroes in Transition.
John attained his Masters Degree from Boston University and a Bachelors Degree from Westminster College.
Our Panel:
Paul Edelman, PhD
Executive Coach and Family Wealth Consultant
Edelman & Associates
Paul works with exit-planning professionals and business owners to prepare the owners, their companies, and their families to navigate challenging business, family, and wealth transitions. Advisors and their clients benefit from higher valuations, smoother deal-making, and better post-deal outcomes.
Charles “Chuck” Presbury
Executive Coach & Business Advisor
Presbury & Associates
Chuck has served as an expert internal and external executive coach/ business advisor for more than 30 years. He solves performance problems by bringing the clarity and alignment between the business strategy, leadership practices and organizational culture needed to drive it. His firm provides services such as talent assessments, succession planning, executive coaching, team coaching and conflict resolution.
Chuck received his BA from Holy Cross College and his MS from Columbia University.
Program produced by XPX Fairfield County and XPX Hartford.