IDEAS WORTH SHARING

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This one meeting could completely change your thinking on transition planning…and save you tens (even hundreds) of thousands of dollars.

Flawed ownership transition plans aren’t just costly…they can sink otherwise healthy architecture and engineering firms. If you are like many architecture and engineering firm leaders, you’ve gotten all sorts of traditional ownership and leadership transition planning advice over the years. But, none of it seems quite right for your firm and your objectives.

Is your transition plan positioned to fail?

Unfortunately, many A/E/C firm leaders trying to apply off-the-shelf approaches to their plan and end up making some of the most critical (though not uncommon) mistakes in transition planning, such as:

  1. Letting lawyers and accountants drive your strategic (and quite personal) decisions.
  2. Allowing tax mitigation be the ultimate goal.
  3. Never defining the core principles that serve as the foundation of the organization…regardless of who is leading it.
  4. Trying to implement a plan that was squarely inconsistent with the culture of their organization.
  5. Using a buy/sell agreement that incentivizes emerging leaders to leave rather than stay.
  6. And the list goes on…

Are you guilty of any of these costly and risky mistakes? When you absorb all the off-the-shelf so-called “expert” advice on transition planning and try to apply it to your unique firm…it can lead you right into a very expensive ditch. Sometimes, you need to contradict what the outsiders are instructing you to do and take a different path. Unless you are 100% convinced that your ownership transition plan will achieve your objectives, I’d be willing to bet that contrarian and non-traditional thinking can help you plan for a smoother exit.

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MEET YOUR FACILITATORS

Frank A. Stasiowski

Frank A. Stasiowski

PSMJ Founder and CEO

Frank A. Stasiowski

Frank A. Stasiowski

PSMJ Founder and CEO

Frank brings more than 40 years of A/E/C industry experience and leadership.  He has worked with some of the most successful design firms around the world - helping them to shape their growth strategy and purpose.  Frank is perhaps best known for his hard-hitting thinking including his call-to-action proclaiming the death of the mid-sized A/E/C firm as we know it in his best-selling book Impact 2020.
Dion Kenney

Dion Kenney

PSMJ Senior Consultant

Dion Kenney

Dion Kenney

PSMJ Senior Consultant

Dion Kenney is a senior consultant in PSMJ’s mergers and acquisitions, valuation, and ownership transition practices. His approach is defined by recognizing the value of an organization aside from calculating its physical assets and multiples of revenues/profitability metrics.
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FORUM AGENDA

Monday, February 25, 2019
Monday Evening 6:00 PM - 7:00 PM

Cocktail Reception

We gather for a low-key “get-to-know-you” cocktail reception where you meet and network with the other Forum attendees in a casual setting.
Tuesday, February 26, 2019
Tuesday Morning 7:00 AM - 12:00 PM

Breakfast and Morning Group Session

After breakfast together, we spend the morning covering big-picture data, trends, and challenges driven by PSMJ’s own research on how to build a sustainable transition plan.
Tuesday Afternoon 12:30 PM - 3:00 PM

One-On-One Sessions and Skiing

This is your chance to get out for some afternoon skiing or join with me in a confidential one-on-one discussion focused on your succession challenges, your opportunities, and your questions on what we discussed in the morning.
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