About the Curriculum:
Succession planning encompasses many emotional and financial aspects of a family and business, making decisions and moving forward more difficult. This research-based curriculum with integrated and comprehensive handouts will give participants the confidence they need to learn strategies for moving succession forward with their property or business. Both soft and hard skills are covered in the materials and will empower owners to develop and implement their succession plan.
Not knowing where to start in succession planning is often paralyzing. In Who Will Fill My Shoes: Succession Planning for Land Owners, Farmers, Forest Owners, and Family Businesses, participants will learn about the following components of succession planning:
- Module 1: Communication and Conflict in Succession
- Module 2: Key Players in Succession: Who Should Be Involved?
- Module 3: Legal and Business Structures
- Module 4: Roadmapping and Goals in Succession: Who, When, and How to Transfer?
- Module 5: Meeting Planning and Coordination for Succession
Modules and Materials
- PowerPoint [PPT] [PDF]
- Brainstorm Your Goals, Vision, and Mission
- Module 4: Succession Planning Exercise
- Planning Your Retirement
- Quandrants for Exit and Entry of Incubent and Successor
- Roadmapping Your Succession
- Strategies for Success
- Successor and Organizational Assessment
- Vision Into Goals
- Your Succession Plan Timeline
- Webinar Recording: Module 4
Additional Resources
For additional information contact:
Renee Wiatt
Research and Extension Specialist, North Central Regional Center for Rural Development
Family Business Management Specialist, Purdue Institute for Family Business Department of Agricultural Economics
Purdue University, West Lafayette, IN
Email: reneewiatt@purdue.edu⎮Phone: 765-494-9176
Website: https://ncrcrd.ag.purdue.edu
Dr. Kurt Smith
Assistant Professor, Forestry and Environmental Resources
North Carolina State University, Raleigh, NC
Email: kwsmith@ncsu.edu⎮Phone: 919-513-2573
Website: https://faculty.cnr.ncsu.edu/kurtsmith/
Dr. Rebecca Smith
Associate Extension Professor, Mississippi State University Extension
Mississippi State University, MS State, MS
Email: becky.smith@msstate.edu⎮Phone: 662-325-1793
Website: https://www.agecon.msstate.edu
Partnering Organizations