POINT OF VIEW #8

The challenges of Managerial Transition

July 2024

The issues surrounding business transmission and the accompanying managerial transition are all questions and points of vigilance to anticipate when such a movement is being prepared in an organization. At the crossroads of governance issues, as well as legal, human, and organizational aspects, managerial transition requires foresight, gradual implementation, and genuine care in preserving corporate culture, all supported by transparent communication.

In this issue of Our Perspectives, Jean-Michel Laveu, Partner at Initiative & Finance pme , reflects on the lessons learned from the more than 340 SME transmission operations conducted by the investment company since its inception and the keys to ensuring their success.

Illustrating demonstration through proof, Jean-Pascal Gendre, former CEO of CSD Engineers, and Agostino Clericetti, current CEO, share their experiences of successful managerial transition in a dual testimony.

Finally, Bertrand Revol, headhunter for twenty years and partner at Tillerman Executive, and collaborating for over fifteen years with Initiative & Finance, provides us with his analysis of the key stages to ensure the successful recruitment of a new executive.

Happy reading!