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Delineating Between Visionary and Integrator for Effective Succession
Identifying the distinction between a visionary and an integrator is crucial for succession planning in companies. Visionaries are often founders and entrepreneurs who excel at seeing the big picture but may not be effective integrators or CEOs. Recognizing this difference helps in creating a succession plan that ensures the company's continued success. By bringing onboard an integrator to complement the visionary, businesses can smoothly transition to an ESOP, maximizing the company's value and allowing the visionary to focus on strategic aspects rather than operational details.