In a Forbes article, Stephen A. Miles, a vice chairman and the managing partner of leadership advisory at the executive search firm Heidrick & Struggles, discusses succession planning, and how to make sure it is completed efficiently and effectively.
Here are four tips:
1. Fully engage your stakeholders and set the criteria.
2. Assess your internal candidates.
3. Conduct a stress test and simulation.
4. On-board the successor.
More articles on practice management:
Improving customer services: 12 tips
Ambulatory surgery center primer: How to build an ASC in 2014
Will physicians switch to concierge practices? 4 statistics