Future-Proofing SMEs: Insights from Lisa Giannone on Succession Planning and Cyber Risks

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Welcome to the CanadianSME Small Business Podcast! I’m your host, Maheen Bari and today, we’re diving into strategies for building resilient and future-ready small businesses. From succession planning to cybersecurity, mentorship, and innovation, these are essential pillars for long-term growth and sustainability

Our guest Lisa Giannone, President and COO at BFL CANADA, brings years of expertise in risk management and insurance. Her journey from cashier to a leading voice in a male-dominated industry is nothing short of inspiring. Lisa has extensive experience working with industries like manufacturing, transportation, and construction, making her insights particularly valuable for SMEs.

This episode will uncover:

  • Succession Planning for Longevity:
    • The importance of planning leadership transitions for sustainable business growth.
    • Real-life examples of successful succession strategies.
  • Cyber Risks and Proactive Security:
    • Why SMEs should prioritize cybersecurity, even if they feel “too small” to be targets.
    • Practical steps to mitigate cyber risks.
  • Fostering Mentorship and Culture:
    • Lisa’s personal experience as both mentee and mentor.
    • How mentorship enhances employee retention and fosters leadership.
    • Steps to create a company culture that attracts top talent.
  • Adopting AI and Driving Innovation:
    • Overcoming hesitations around AI adoption.
    • Examples of how AI has transformed SME processes and efficiency.
  • Future-Proofing Businesses:
    • Three key takeaways for SMEs to build resilience and stay ahead in a competitive market.

Special Thanks to Our Partners:

RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.html

UPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWA

IHG Hotels and Resorts: https://businessedge.ihg.com/s/registration?language=en_US&CanSME

Google: https://www.google.ca/

For more expert insights, visit www.canadiansme.ca and subscribe to the CanadianSME Small Business Magazine. Stay innovative, stay informed, and thrive in the digital age!

Disclaimer: The information shared in this podcast is for general informational purposes only and should not be considered as direct financial or business advice. Always consult with a qualified professional for advice specific to your situation.