One flaw that can ruin a succession plan

In part five, Jim Ruta answers the question: What are the key points to crafting an effective succession plan? He explains the one thing you must not do in a succession plan because it could derail both the succession and possibly your business. Ruta discusses how to craft a succession plan that is about expansion — and that will lead to success in both business and succession. HE spoke to Paula Virany, Investment Executive multimedia editor and video producer, at the TMX Broadcast Centre in Toronto. To ask a performance question to Jim Ruta, email Q&A@investmentexecutive.com. Your question may be featured on our next video, so stay tuned.