I provided professional services to two succession planners. I asked them to go into detail about what it it was all about. It's about planning for what happens when major shareholders die or retire from managing the company. In many cases their descendants and inheritors don't have the ability or desire to run the family business. They plan in advance how to move forward.

I would like to speak with this woman directly for more information. I would be surprised if this kind of planning goes all they way down to the foreman level.