Sample Action Plan for Succession

This video is an excerpt from part two of a webcast series based on Dom’s and Bill’s succession planning books published by the AICPA. This webcast covers two of the 15 areas that need to be addressed to create a robust succession plan that will ensure profitability, transition of ownership and long-term sustainability of your firm: Building capacity, building a firm on competency-based positions, filling talent gaps, and developing people more rapidly; Creating accountability throughout the firm and the important role compensation and performance incentives need to play.