As Manufacturers Look to Grow and Expand Are They Preparing for Transition?

February 20, 2014

Changing demographics have begun to impact the manufacturing workforce, creating challenges in attracting and retaining a skilled workforce and a gap in general management. In the January / February issue of Canadian Manufacturers and Exporters’ magazine 20/20, BDO Partner, Grant Robinson, discusses the importance of succession planning in this rapidly evolving industry. As manufacturers look to grow and expand, planning for a transition, including the development of a skilled management team, will serve as an investment that is attractive to both internal and external buyers.​

A sound succession plan is an important component of any organization that will make certain its vision is realized and ensure long-term success.

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