The recent CEO Forum panel discussion “Preparing for a Successful Exit: Lessons Learned” reinforced the necessity of advanced planning. Panel presenters Jeff Wright, Roy Larson and Ward Johnson confirmed a reoccurring theme shared by many CEOs following an exit or succession event – “If I knew then what I know now, I would have started preparing earlier.” The panel suggested a 3 to 5-year process to allow enough time to maximize the value-drivers needed to endure the rigorous due diligence process. Assuming they are correct, then we all need to start with the end in mind – sooner than later. What is your plan? Time-frame? Have you effectively identified the value-drivers needed to maximize the value of your business in the eyes of a prospective buyer? If not, I challenge you to bring these issues to your next roundtable meeting and let your peers help you on that journey.
Click the link below to access the PowerPoint and audio presentation dated 06.22.18
Media Archive – (requires CEO Nexus member login)