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As the workforce ages, succession planning becomes even more critical. Within the next 10 years as much as 50% of all family businesses will go through transition. TruNorth Partners has developed a process to make family business transitions smoother and more reliable. By beginning with successor evaluations, moving through organizational alignment, into leadership development, and finally concluding with new leadership direction and vision, we help provide retiring owners with the confidence that their business will be in good hands.
As the workforce ages, succession planning becomes even more critical. Within the next 10 years as much as 50% of all family businesses will go through transition. TruNorth Partners has developed a process to make family business transitions smoother and more reliable. By beginning with successor evaluations, moving through organizational alignment, into leadership development, and finally concluding with new leadership direction and vision, we help provide retiring owners with the confidence that their business will be in good hands.
As the workforce ages and business transitions become inevitable, selecting and developing the right successor is one of the most critical decisions a business owner will make. Studies show that within the next decade, nearly 50% of family businesses will undergo a transition. Without a clear, strategic plan for leadership succession, businesses risk instability, misalignment, and the loss of hard-earned value.
At TruNorth Partners, we specialize in helping business owners identify, evaluate, and develop the next generation of leadership through a structured, proven process. Our goal is to ensure that when the time comes to transition, your business is not only prepared but thriving, with a leader who is equipped, aligned, and ready to take the reins.
Choosing the right leader isn’t just about who is next in line—it’s about who is best equipped to carry the business forward. We conduct thorough successor evaluations to assess candidates based on:
By objectively evaluating potential successors, we help business owners make informed decisions about who is best suited to steward the company's future.
A leadership transition impacts more than just the successor—it affects the entire organization. We work to ensure that the business structure, operational systems, and leadership team are fully aligned to support the transition, reducing friction and ensuring continuity. Our process includes:
Even the most promising successor needs proper mentorship, training, and development to be fully ready. We create customized leadership development plans designed to equip future leaders with the skills, confidence, and experience needed to lead effectively. Our process includes:
A leadership transition should be more than just a change in titles—it should be an opportunity for renewed vision and growth. We help new leaders establish a clear strategic direction, ensuring they are prepared to preserve the company’s legacy while driving future success.
Our process includes:
