Andrew Clements
Director, Lawyer & Notary Public
LLB, BA, TEP
New Zealand’s SME sector is full of founder-led success stories.
But as Andrew Clements outlines in his latest opinion piece, that success can also hide a quieter risk: what happens if the person running the business suddenly can’t?
Read the full article here: https://nzbusiness.co.nz/opinion/the-hidden-vulnerability-inside-many-successful-smes
As businesses grow, their structures don’t always keep up.
Many companies still rely on early-stage governance, even as they become more valuable and more complex. That’s where vulnerability starts to appear.
Founder-led businesses often depend on one person to make key decisions.
If that person is suddenly unavailable, the issue isn’t just capability, it’s whether anyone else has the authority to act.
And in many cases, that authority isn’t as clear as people expect.
Succession planning isn’t just about retirement. It’s about resilience.
As Andrew puts it, the starting point is simple:
If you weren’t there tomorrow, would everyone know what to do?
Read the full opinion piece: https://nzbusiness.co.nz/opinion/the-hidden-vulnerability-inside-many-successful-smes