99: Succession of Culture After Tragedy Strikes, Jennifer Ake Marriott

How do you handle unexpected tragedy when an owner passes away? Jennifer Ake Marriott is the second generation President of Ake Environmental, a company founded by her father. She is also the CEO of Redmond Waltz, the first non-family leader of the privately held company. Jenn joins host Laurie Barkman to share her experience with two companies that went through unexpected succession, what helped the companies move forward, and what derailed progress. This episode will help you think about business continuity and how to mitigate risks of an unexpected transition.   Listen in to learn more about: Recovering from loss in a family business Involving employees in the succession process Handling changes in company culture How small businesses can benefit from strategic plans  Reducing disruption with process documentation Why it's important to have conversations around succession planning   Show Links: [email protected] https://redmondwaltz.com/   Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.   About Succession Stories Podcast Succession Stories is an award-winning podcast hosted by Laurie Barkman, the Business Transition Sherpa-- guiding business owners through the process from "transition to transaction." Learn more at https://smalldotbig.com  Book a 1:1 Advisory call at: www.meetlauriebarkman.com   We appreciate your support...subscribe, share, and post a review to share what you like about the show!