As a firm leader begins to plan the next season of life away from their business, succession becomes a natural point of focus. "Current principals and owners should look ahead, recruiting employees who have the potential to take the firm into the next generation and providing them with professional development opportunities that will ensure their success," writes the American Institute of Architects.
The organization emphasizes the importance of development and retention to the next generation of leaders, advocating fair compensation and adequate mentorship to ensure employees will "remain with the firm and contribute to its future success."
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