Succession Planning Case Study

The owner manager of this professional services firm was planning to retire in 3-5 years. He was not 100% sure whether the business had the leadership talent within it or whether he ought to be looking to bring someone in from outside the company. The Prutton Partnership was introduced to the client via his corporate finance team. They began by helping the client clarify his exit strategy and retirement plan. Through a combination of psychometric assessment, interviews and 360 degree reviews The Prutton Partnership then assessed the management team’s leadership capability and reviewed their career plans. Their findings enabled the client and the corporate finance team to devise an appropriate strategy. The Prutton Partnership supported the presentation team to feedback the results of the investigation to the whole firm, helping to explain decisions and field questions.