By Gino Blefari
This week my travels found me at home, starting Monday off with my typical WIG calls. On Tuesday, I attended the Weekly Berkshire Hathaway Energy President’s Meeting followed by a Berkshire Hathaway HomeServices global alignment session. Next, I presented Mindset Leadership Amid COVID-19 to Intero Real Estate Services’ Peninsula offices and to the team at Berkshire Hathaway HomeServices California Properties. I also had two succession calls this week.
I’ve been including these succession calls in my weekly recap now for a while, but we haven’t really gone into detail on what they mean. Let’s explore together: a succession call is exactly as it sounds, an opportunity for a CEO to create a plan for their succession in the event they leave the company or something unfortunate causes them to step down from their leadership position. As Benjamin Franklin once said, “If you fail to plan, you are planning to fail.”