Ep003 The Journey of Succession Planning | With Alex Krenke on Succession Podcast

Succession

In this conversation, Kori Grillo interviews Alex Krenke, co-CEO of Quest CE, a family-owned software company in the financial services sector. They discuss the company's services, the challenges of navigating regulatory changes, and the importance of company culture and employee engagement. Alex shares insights on the dynamics of working in a family business, the transition to co-CEO roles with his brother, and the balance of leadership styles. The conversation highlights the significance of personal growth, fulfillment in the workplace, and the challenges of implementing change within an organization. In this conversation, Kori Grillo and Alex Krenke discuss the complexities of navigating company transitions, the importance of seeking help during succession planning, and the value of authenticity in leadership. They reflect on personal experiences with family dynamics in business, the challenges of scaling a company, and strategies for future growth. The dialogue emphasizes the significance of open communication and cultural integrity within organizations as they evolve.

00:00 Introduction and Consent
02:28 Overview of Quest CE and Its Services
04:39 Navigating Regulatory Changes in Financial Services
06:47 Family Legacy and Business Succession
11:02 Company Culture and Employee Engagement
14:38 Personal Growth and Learning in the Business
17:24 Balancing Leadership Styles in a Family Business
19:06 Transitioning to Co-CEOs and Future Challenges
23:40 The Importance of Seeking Help
26:10 Personal Reflections on Succession Planning
30:20 Authenticity in Leadership
34:16 Scaling Challenges and Cultural Integrity