The 5 Ps of SuccessionPurposeWhat are you trying to accomplish with the business, whey are we here?PickWho is the right person to lead us, for how long?PrepareHow do we get the next generation ready to take over? Internal & External Development.PromoteHanding over the baton to the next generation to lead & becoming their biggest supporter!PatienceBlood is thicker than water - but it boils faster! How can we get along in difficult times?