Step 29 of 30 · Create legacy
Transition
What it is
Preparing leadership, ownership, systems, relationships, and knowledge for succession, sale, or responsible closure.
Why it matters
A company whose knowledge lives only in its founder is fragile and worth less.
What Flir develops
Succession plan, operating playbook, knowledge-transfer schedule, and stakeholder communication plan
Target objective
Enable the venture to perform without the founder at the center of every decision.
Documented processes let Bloom's new manager run customer care, partnerships, and reporting from her first week.
Monitoring brief
Signals Flir should keep checking as this part of the plan evolves.
- Successor readiness and key-person risk
- Process adoption and performance
- Stakeholder confidence during transition