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Succession Planning

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FPO Solutions Creating a Succession Plan
Who is FPO Solutions? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Who is FPO Solutions? The professionals behind NAPA stores on the move.
Communication? ,[object Object],[object Object]
 
Succession Planning Overview ,[object Object],[object Object],[object Object],[object Object],[object Object]
Succession Planning Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Preparing for Transition ,[object Object]
Preparing for Transition ,[object Object],[object Object],[object Object]
 
Preparing for Transition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Preparing for Transition ,[object Object],[object Object],[object Object],[object Object],[object Object]
Nothing Fails Like Success Natural Law
The Greatest Enemies of Mature Business ,[object Object],[object Object],[object Object]
The Challenge of Success Sigmond Curve – Life Cycle of a Business Time Success Success X Time = Increased Odds of Stagnation, Complacency and Failure
With Success, Size and Age comes… ,[object Object],[object Object],[object Object]
You cannot stay on top forever. First, it was my dream to become number one, and now that I am on the top, staying there would be far more difficult and challenging than to get to the top slot. Vijay Singh Natural Law
The Second Cycle
Preparing for Transition ,[object Object],[object Object],[object Object],[object Object]
Preparing for Transition ,[object Object],[object Object],[object Object],[object Object]
Preparing for Transition ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Brake Category Example
Where Do Reputation Categories Begin?
Where Do Reputation Categories Begin?
[object Object],[object Object],[object Object],[object Object],How to develop your Reputation Categories
[object Object],[object Object],[object Object],[object Object],How to develop your Reputation Categories
[object Object],[object Object],[object Object],How to develop your Reputation Categories
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],How to Measure Reputation Categories Results
Asset Management - KPI 1.5 1.3 1.2 Trend Gross Margin Return on Inventory Investment How to measure: Gross profit dollars divided by Inventory line value dollars.
Asset Management - KPI ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Preparing for Transition ,[object Object],[object Object],[object Object],[object Object]
Preparing for Transition Time for a Check-Up? Four Critical Areas to Measure the Financial Health of Your NAPA Auto Parts Store Cash Management Inventory Store Operations Building Wealth Comparison to NCOS FREE from FPO Solutions
Preparing for Transition ,[object Object],[object Object],[object Object]
Preparing for Transition ,[object Object],[object Object],[object Object],[object Object]
If Your Dream is This….
Make Sure You Don’t End Up With This!
Preparing for Transition ,[object Object]
Inventory is the bulk of your retirement fund ,[object Object],[object Object],[object Object],TAMS Book Actual
Start Working 0n Inventory Now
Don’t let understated income and inventory value ruin your day ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Key Employee
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Family Member
[object Object],[object Object],Succession Planning – Family Member
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning – Family Member
[object Object],[object Object],[object Object],Succession Planning – Family Member
Succession Planning – It Takes Everyone
Thanks for your time! Greg Foss Senior Consultant FPO Solutions 1-866-622-7011 Ext. 2908 1-254-732-5970

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Succession Planning

  • 1. FPO Solutions Creating a Succession Plan
  • 2.
  • 3.
  • 4.
  • 5.  
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.  
  • 11.
  • 12.
  • 13. Nothing Fails Like Success Natural Law
  • 14.
  • 15. The Challenge of Success Sigmond Curve – Life Cycle of a Business Time Success Success X Time = Increased Odds of Stagnation, Complacency and Failure
  • 16.
  • 17. You cannot stay on top forever. First, it was my dream to become number one, and now that I am on the top, staying there would be far more difficult and challenging than to get to the top slot. Vijay Singh Natural Law
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. Where Do Reputation Categories Begin?
  • 24. Where Do Reputation Categories Begin?
  • 25.
  • 26.
  • 27.
  • 28.
  • 29. Asset Management - KPI 1.5 1.3 1.2 Trend Gross Margin Return on Inventory Investment How to measure: Gross profit dollars divided by Inventory line value dollars.
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  • 33. Preparing for Transition Time for a Check-Up? Four Critical Areas to Measure the Financial Health of Your NAPA Auto Parts Store Cash Management Inventory Store Operations Building Wealth Comparison to NCOS FREE from FPO Solutions
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  • 36. If Your Dream is This….
  • 37. Make Sure You Don’t End Up With This!
  • 38.
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  • 40. Start Working 0n Inventory Now
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  • 51. Succession Planning – Key Employee
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  • 66. Succession Planning – It Takes Everyone
  • 67. Thanks for your time! Greg Foss Senior Consultant FPO Solutions 1-866-622-7011 Ext. 2908 1-254-732-5970