These Succession Tips From Experts And A Ceo Who Has Lived Through It Will Help Minimise Disruption During A Time That Is Fraught With Sensitivities.
Taryn Williams had spent eight years living and breathing her company when she decided it was time to hand over the reins to someone else.
Williams had launched a start-up called theright.fit and knew it was essential to relinquish the day-to-day management of WINK Models, which she’d founded in 2007 and run as its CEO. By the time the succession took place in 2015, WINK had more than 650 models on its books and a turnover in the millions.
Her successor was her second-in-command, Sage Greenwood, who had joined the company in a junior capacity and worked her way up through the ranks. Williams, who remains the company owner, spent
several months transitioning Greenwood into the role of managing director and shares with The CEO Magazine a number of insights she learned from the process.
CONSIDER CORE VALUES
Williams explains that Greenwood was the obvious candidate for the role because she shared the same value set.
“I was really lucky that Sage had been with the company for three years and she’d modelled with me for four years before that. I knew that we shared a common vision about what we wanted for the company’s future; that it wasn’t all about making money at the expense of everything else. We both lived by our core values, which made things a lot easier.”
Denne historien er fra September 2018-utgaven av The CEO Magazine - ANZ.
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Denne historien er fra September 2018-utgaven av The CEO Magazine - ANZ.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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Once in a LIFETIME
CO-FOUNDER AND MANAGING DIRECTOR OF INTEGRITI PROJECTS ANDREW STENOS IS BUILDING MORE THAN BESPOKE HOMES. HE’S ALSO BUILDING DREAMS FOR CLIENTS WHO KNOW EXACTLY WHAT THEY WANT.
PUTTING FAMILY FIRST
COUNTRY LIVING HOMES MANAGING DIRECTOR MARK RAVENSCROFT HAS OVERSEEN IMPRESSIVE GROWTH, BUT NEVER LOST SIGHT OF WHAT MAKES THE SOUTH AUSTRALIAN CONSTRUCTION BUSINESS SUCH A SUCCESS.
“A SAFER COMMUNITY IS MY MAIN PRIORITY”
ULTIMATE SECURITY CEO NASSIM SAID HAS BUILT A HIGH-TECH SECURITY ORGANISATION FROM THE GROUND UP, ALWAYS WITH COMMUNITY SAFETY IN MIND AND AN INSISTENCE ON FAMILY VALUES.
We Did It Our Way.
WHEN STEVEN SIMEONI FOUNDED TAS CITY BUILDING, HE KNEW HE WANTED TO DO THINGS DIFFERENTLY.
FROM PRECISION TO PREZZEE
A COMMERCIAL PROPERTY BARON AT 24, PRECISION GROUP BILLIONAIRE SHAUN BONÉTT HAS BUILT HIS CAREER ON UNDERSTANDING THE RETAIL MARKET. NOW HE’S INTRODUCING PREZZEE, THE DIGITAL GIFT CARD PLATFORM THAT’S CHANGING THE WAY WE GIVE.
HIGHWAY STAR
IN REGIONAL AUSTRALIA, WHERE TRUCKS ROUTINELY NAVIGATE VAST STRETCHES OF HIGHWAY, THE ROAD BETWEEN AGRIBUSINESS AND COMMUNITY IS SHORT. DENILIQUIN FREIGHTERS IS AN OLD HAND AT THAT ROUTE, WHICH CEO VICKI MEYER SAYS IS ITS MOST IMPORTANT ONE.
BENEATH THE SHEETS
A GOOD NIGHT’S SLEEP GOES A LONG WAY TOWARDS MENTAL WELLNESS, AND AH BEARD CEO TONY PEARSON BELIEVES THE OFT OVERLOOKED MATTRESS IS THE ESSENTIAL INGREDIENT.
