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Succession Planning
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Succession Planning Resource Center |
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 PCPS has developed the Succession Planning Resource Center to provide guidance to our members to help them understand the need for proactive succession planning and the strategic management processes necessary to position their firm for succession. “How-To” steps are discussed for the various exit strategies to better secure the personal future of the retiree as well as the future of the firm. Learn More>>
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Succession Readiness Assessment Tool
Assess your firm’s readiness for succession! Use this tool to help you evaluate different aspects of your firm and identify systems, processes and policies needing improvement in order to create a culture of operating that positions your firm for succession regardless of your exit strategy. Further guidance tools are also provided to assist you in improving your succession readiness. Separate assessment tools are provided for Multi-Owner Firms and Sole Proprietors.
PCPS Members: To UTILIZE the Assessment Tool and have access to the numerous supporting resources, Click Here
Non-PCPS Members: To PREVIEW the Assessment Tool, Click Here
Do you want to take full advantage of the tool and have access to the supporting resources? Lean More>>
Expert Panel Webcast on Succession Planning
PCPS members are invited to view the live video webcast, Being Smart About Succession Planning. The Webcast features an expert panel in a candid discussion of succession planning issues. To view the archived webcast Click Here
Succession Survey
In the 2004 PCPS Succession Planning Survey, over 400 firms were interviewed about their succession plans. The results showed that while over 60 percent of all firms surveyed have owners aged 63–65, only 25 percent had a written succession plan in place.
PCPS conducted a follow-up 2008 Succession Survey to gauge any changes. The results confirmed that it is critical that practitioners begin succession planning now in order to secure their firm’s future.
The 2008 PCPS Succession Survey 
This publication reports on the results of the 2008 Succession Survey in order to provide information to practitioners as to how firms are handling the issue of succession planning and provides conclusions and recommendations based on the survey results. This report can be used as a tool for practitioners to evaluate their succession planning efforts against those of their peers and the growing need for succession planning to be a regular and ongoing practice within their firm.
Articles, Webcasts and Products
Succession/Practice Continuation Planning - Articles of Interest
PCPS has identified various articles of interest that cover succession planning strategies.
Succession Planning Products and Webcasts
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