Transition

When new partners buy out old ones, you have to outline specific duties before assigning leadership roles, among other considerations.

President of CEI, a 20-year-old minority-owned engineering and contracting firm based in Miami Lakes, Florida.

Effecting a real-life leadership transition takes years of planning, and the ability to dismiss entrenched perceptions and past assumptions.

President of JBCI, a small, but venerable, repair and restoration firm based in Philadelphia.

President of Reaveley Engineers, a national structural engineering firm based in Salt Lake City, Utah.

CEO of TLC Engineering Solutions, an Orlando, Florida-based firm pushing its way into the future.

President of JCJ Architecture, a local, national, and global architecture, planning, and interior design firm based in Hartford, Connecticut.

President and CEO of Eclipse Engineering (Best Firm Structural #12 for 2018), a Montana firm that likes to have a little “phun.”

CEO of ATI (Hot Firm #43 for 2018), a California firm rooted in philanthropy, and with a bright future on the horizon.

President and CEO of LACO (Best Firm Multi-discipline #46 for 2018), a California firm with a famously branded shirt.

President and CEO of Hitchcock Design Group (Best Firm Architecture #7 for 2018), a 35-person landscape architecture firm headquartered in Naperville, Illinois.

If you develop a reputation for being less than forthcoming, you could derail a critical ownership transition – and even destroy your firm.