The president and COO of our company that has been with us for 35 years finally stepped down and bought his own franchise the other day. I was amazed that he still wanted to operate restaurants. He has enough money and time to just quietly retire if he wanted. Heck, even our chili recipe was named after him. I guess once it gets in your blood…
The thing about companies as they grow larger is that you have to have people to step into place when someone else retires or get’s promoted. That’s called succession planning and it’s a real good idea to have a succession plan for your company whether you use a software product or just have a specific plan on paper. With software less chance of error is left because you can enter your requirements and track just about anything you want to track about the potential candidates that might be available for the job.