5 lessons from Jeff Bezos on choosing a successor for you business
1. Decide what strengths your successor will need to keep your company growing The first step in picking a successor is to try to imagine what the most important skills your company will need at the top are in order to continue to grow after you leave. If you've founded a company and made it successful, your successor should embody its culture because your employees will lose motivation if the culture changes. At the same time, you do not want your successor to slavishly replicate everything you think and do — which I call a Head in the Sand strategic mindset in my new book, "Goliath Stri...