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Succession Planning
The Background to this project What Mungo Dunnett Associates delivered What were the benefits to the business of carrying out this project

What Mungo Dunnett Associates delivered?

Recommendations for future business strategy planning, outlining market trends and likely competitive pressures, and positioning the firm to ensure that it changes in anticipation of market changes

Structure for succession planning: recommendations for identifying the next generation of senior management, placing these alongside senior managers in deputy positions, and encouraging them to commit to the long term with an graded series of stock options

Exploration of the available options for releasing capital and restructuring the asset base

Recommendations for the positioning of these options to senior management and shareholders

Recommendations for future ownership and management structure, avoiding the ambiguity that had resulted in years of indecision, and introducing future planning as a key management responsibility

Creation of an outline business plan for positioning of the firm to venture capital organisations

 
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