Taken from April 2024’s edition of PRB Magazine
There’s no single path to leadership succession, and sometimes the right path surfaces organically. That’s the biggest lesson that Dix.Hite + Partners learned: Both in 2009 when its co-founder Chris Hite succeeded then-CEO Jeff Dix, and once again when Kody Smith assumed the role from Hite in 2023. While there may not be a one-size-fits-every business approach to succession, having an identity as an organization with clear goals makes it possible to determine a path forward. Still, defining this path takes time, effort, and years of internal and external discussions. In the interest of smoothing your succession journey, here is some actionable advice.
