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CRISIS: Transitions of Leadership During Times of Crisis

As a business owner, it is natural to feel a sense of responsibility and ownership over your company. However, life events such as illness, injury, loss of a loved one, trauma, or other unforeseen circumstances can sometimes require taking extended leave from work. While it may be difficult to relinquish control, it is important to have a plan in place for delegating tasks and transitioning power to ensure that your business can continue to run smoothly during your absence. Here are some tips on how to effectively delegate and handle transitions of power as a business owner facing a life event that requires extended leave from work.