Succession Planning

The founder and Managing Director of a serviced office provider in central London, who had built the business over 22 years, sought to reduce their time commitments in pursuit of semi-retirement. To ensure a smooth transition, they engaged Maine Associates to align the senior team around a shared vision for the company’s future.

Our Approach:

• Facilitated Workshops: Organised meetings with the MD and senior team members, who were also minority shareholders, to collaboratively develop a three-year vision and strategic plan.
• Addressing Hidden Tensions: During discussions, it emerged that a senior team member also wished to transition to part-time work – a concern previously unvoiced. We facilitated open dialogues to address these issues constructively.
• Strategic Planning: Assisted the team in recognising the need for new staff recruitment, establishing a succession plan, and committing to improved communication moving forward.

The Result:

Although the process was more challenging than anticipated, the MD felt relieved and confident as the team aligned on a plan that supported both the business’s continuity and their personal aspirations.