{"id":35280,"date":"2022-05-17T13:14:42","date_gmt":"2022-05-17T17:14:42","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=35280"},"modified":"2022-05-17T13:14:42","modified_gmt":"2022-05-17T17:14:42","slug":"arccs-womens-business-council-session-stresses-the-impact-of-succession-planning","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/05\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\/","title":{"rendered":"ARCC\u2019s Women\u2019s Business Council Session Stresses The Impact Of Succession Planning"},"content":{"rendered":"<figure id=\"attachment_35281\" aria-describedby=\"caption-attachment-35281\" style=\"width: 909px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-35281\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/05\/succession-summit-hc.jpg\" alt=\"\" width=\"909\" height=\"630\" srcset=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/05\/succession-summit-hc.jpg 909w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/05\/succession-summit-hc-300x208.jpg 300w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/05\/succession-summit-hc-768x532.jpg 768w\" sizes=\"auto, (max-width: 909px) 100vw, 909px\" \/><figcaption id=\"caption-attachment-35281\" class=\"wp-caption-text\">Panelists discuss business succession planning at a summit presented by the Women\u2019s Business Council on May 11 at the Queensbury Hotel in Glens Falls.<br \/>Courtesy ARCC<\/figcaption><\/figure>\n<p>Succession and continuity planning are business activities that<span class=\"Apple-converted-space\">\u00a0 <\/span>can take a backseat to<span class=\"Apple-converted-space\">\u00a0 <\/span>other things like growing revenues, trimming costs, or running day-to-day business operations. <span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>That idea was the emphasis behind the ARCC Succession Summit, presented by the Women\u2019s Business Council on May 11 at the Queensbury Hotel in Glens Falls.<\/p>\n<p>During the afternoon session, a panel of experts discussed why succession is a critical business activity. The intent was to create a culture of regular succession planning and development to ensure upward economic trajectory continues in the region.<\/p>\n<p>The panel explored these three scenarios:<\/p>\n<p>\u2022 After a starup business survives,what is needed<span class=\"Apple-converted-space\">\u00a0 <\/span>to ensure continuity, employee\/client retention, and resilience?<\/p>\n<p>\u2022 How do family owned businesses successfully move from generation to generation and beyond?<\/p>\n<p><span class=\"s1\"><span class=\"s2\"><!--more--><\/span><\/span>\u2022 For those planning to grow a business then sell it to a key employee or<span class=\"Apple-converted-space\">\u00a0 <\/span>a third party, what needs to be considered now in order to be successful?<\/p>\n<p>\u201cNine powerful minds, one powerful topic: succession planning,\u201d said Juan Gonzales, CFO of Hunt Companies Inc. and chairman of the ARCC\u2019s Veterans Business Network. \u201cThese events are life-changing and a staple of what your Adirondack Regional Chamber of Commerce\u2019s Women\u2019s Business council provides to this community. The investment of time you give to these programs are worth their weight in gold. Stay involved because what you learn may save your company or the company you work with one day.\u201d<\/p>\n<p>On the panel were Amie Gonzales, president, Hunt Companies; Wendy Waldron, professional EOS implementer and creator of WaldronWorks;<span class=\"Apple-converted-space\">\u00a0 <\/span>Sherry Finkel Murphy, CFP, ChFC, RICP with the Atrium Group\/Northwestern Mutual; Brian J. Stidd, CPA, CVA<span class=\"Apple-converted-space\">\u00a0 <\/span>with Whittemore, Dowen &amp; Ricciardelli LLP; Hilary Stec, assistant vice president, HR business partner and manager of HRIS at Marshall &amp; Sterling; Rose Miller, a senior professional in human resources; Stefanie DiLallo Bitter, Esq. , a partner at the law firm of Bartlett Pontiff Stewart &amp; Rhodes, PC.; Vanessa A. Hutton, associate with McPhillips, Fitzgerald &amp; Cullum, LLP; and Pamela L. Cleveland, CPA, MAFF, senior audit manager, CMJ, LLP.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Succession and continuity planning are business activities that\u00a0 can take a backseat to\u00a0 other things like growing revenues, trimming costs, or running day-to-day business operations. \u00a0 That idea was the emphasis behind the ARCC Succession Summit, presented by the Women\u2019s Business Council on May 11 at the Queensbury Hotel in Glens Falls. During the afternoon [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":35281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-35280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-training"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>ARCC\u2019s Women\u2019s Business Council Session Stresses The Impact Of Succession Planning - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/05\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"ARCC\u2019s Women\u2019s Business Council Session Stresses The Impact Of Succession Planning - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"Succession and continuity planning are business activities that\u00a0 can take a backseat to\u00a0 other things like growing revenues, trimming costs, or running day-to-day business operations. \u00a0 That idea was the emphasis behind the ARCC Succession Summit, presented by the Women\u2019s Business Council on May 11 at the Queensbury Hotel in Glens Falls. During the afternoon [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/05\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Glens Falls Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2022-05-17T17:14:42+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/05\/succession-summit-hc.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"909\" \/>\r\n\t<meta property=\"og:image:height\" content=\"630\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"Jake Van Ness\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Van Ness\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2022\\\/05\\\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2022\\\/05\\\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\\\/\"},\"author\":{\"name\":\"Jake Van Ness\",\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/#\\\/schema\\\/person\\\/a11ec438b5f0e57f1156754ba3931b86\"},\"headline\":\"ARCC\u2019s Women\u2019s Business Council Session Stresses The Impact Of Succession Planning\",\"datePublished\":\"2022-05-17T17:14:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2022\\\/05\\\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\\\/\"},\"wordCount\":384,\"image\":{\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2022\\\/05\\\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/wp-content\\\/uploads\\\/sites\\\/109\\\/2022\\\/05\\\/succession-summit-hc.jpg\",\"articleSection\":[\"Education \\\/ Training\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2022\\\/05\\\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\\\/\",\"url\":\"https:\\\/\\\/www.glensfalls.com\\\/glensfallsbusinessjournal\\\/2022\\\/05\\\/arccs-womens-business-council-session-stresses-the-impact-of-succession-planning\\\/\",\"name\":\"ARCC\u2019s Women\u2019s Business Council Session Stresses The Impact Of Succession Planning - 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