--- title: "Meaning & Key Takeaway of: Why do I need succession planning? Im…" description: "\"Why do I need succession planning? Im very alert, Im very vibrant. I have no intention to retire.\" — Sheldon Adelson" image: "https://sms4smile.com/quotes/i/684/sheldon-adelson-26865_intention_why-do-i-need-succession-planning-im-ver_2139986.png" --- # Why do I need succession planning? Im very alert, Im very… ![“Why do I need succession planning? Im very alert, Im very vibrant. I have no intention to retire.” quote by Sheldon Adelson](https://sms4smile.com/quotes/i/684/sheldon-adelson-26865_intention_why-do-i-need-succession-planning-im-ver_2139986.png) [Download](https://sms4smile.com/quotes/i/684/sheldon-adelson-26865_intention_why-do-i-need-succession-planning-im-ver_2139986.png) [Open image](https://sms4smile.com/quotes/i/684/sheldon-adelson-26865_intention_why-do-i-need-succession-planning-im-ver_2139986.png) > “Why do I need succession planning? Im very alert, Im very vibrant. I have no intention to retire.” [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Succession planning ensures continuity and stability beyond personal vitality. **In simple terms:** Plan for future leadership even if you feel unstoppable. Key Takeaway Prepare successors now. Themes business legacy planning Mood cautious forward‑thinking Type strategic business When to use this quote - corporate governance - family business - retirement planning Key Concepts succession strategy risk management Questions to Reflect On - Are you prepared for unexpected changes? - How does succession protect your legacy? A Different Perspective Overconfidence can hinder realistic planning. ★ ★ ★ ★ ★ No ratings yet [Intention](https://sms4smile.com/quotes/about/intention/) [Intention Retire](https://sms4smile.com/quotes/about/intention-retire-3130933/) [Need Succession](https://sms4smile.com/quotes/about/need-succession-4451105/) [Needs](https://sms4smile.com/quotes/about/needs/) [Planning](https://sms4smile.com/quotes/about/planning/) [Retire](https://sms4smile.com/quotes/about/retire/) [Retirement](https://sms4smile.com/quotes/about/retirement/) [Retiring](https://sms4smile.com/quotes/about/retiring/) [Success](https://sms4smile.com/quotes/about/success/) [Succession](https://sms4smile.com/quotes/about/succession/) [Succession Planning](https://sms4smile.com/quotes/about/succession-planning-1200537/) ## Related quotes > [Why do I need succession planning? I'm very alert, I'm very vibrant. I have no intention to retire.](https://sms4smile.com/quotes/sheldon-adelson/why-do-i-need-succession-planning-i-m-very-alert-i-m-very-vibrant-i/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I love cricket and I have no intention to retire](https://sms4smile.com/quotes/shahid-afridi/i-love-cricket-and-i-have-no-intention-to-retire/) [Shahid Afridi](https://sms4smile.com/quotes/author/shahid-afridi/) > [Purposeful organizations develop the next generation, not simply the next leader. My friend Marshall Goldsmith, bestselling author and leading executive coach, does not like…](https://sms4smile.com/quotes/john-baldoni/purposeful-organizations-develop-the-next-generation-not-simply-the/) [John Baldoni](https://sms4smile.com/quotes/author/john-baldoni/) > [One of the things we often miss in succession planning is that it should be gradual and thoughtful, with lots of sharing of information…](https://sms4smile.com/quotes/anne-m-mulcahy/one-of-the-things-we-often-miss-in-succession-planning-is-that-it/) [Anne M. Mulcahy](https://sms4smile.com/quotes/author/anne-m-mulcahy/) > [Succession planning often results in the selection of a weaker representation of yourself.](https://sms4smile.com/quotes/peter-drucker/succession-planning-often-results-in-the-selection-of-a-weaker/) [Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/) > [Most corporations have human-resources processes that involve discussions with your manager, performance evaluations, calibrations for performance and potential succession planning.](https://sms4smile.com/quotes/denise-morrison/most-corporations-have-human-resources-processes-that-involve/) [Denise Morrison](https://sms4smile.com/quotes/author/denise-morrison/) > [Succession planning has been a major priority at Southwest for quite some time. We think we have come up with a winning combination of…](https://sms4smile.com/quotes/herb-kelleher/succession-planning-has-been-a-major-priority-at-southwest-for-quite/) [Herb Kelleher](https://sms4smile.com/quotes/author/herb-kelleher/) > [“Boards can get around the problems associated with hiring outside CEOs by adopting robust succession planning.”](https://sms4smile.com/quotes/richard-l-hughes-robert-c-ginnett-gordy-j-curphy/boards-can-get-around-the-problems-associated-with-hiring-outside/) [Richard L. Hughes Robert C. Ginnett Gordy J. Curphy](https://sms4smile.com/quotes/author/richard-l-hughes-robert-c-ginnett-gordy-j-curphy/) > [Why should I say I will retire in three or four years? You retire the very moment you utter those words.](https://sms4smile.com/quotes/haile-gebrselassie/why-should-i-say-i-will-retire-in-three-or-four-years-you-retire-the/) [Haile Gebrselassie](https://sms4smile.com/quotes/author/haile-gebrselassie/) > [To retire to the monastery, or the woods, or the sea, is to escape from the sharp suggestions that spur on ambition.](https://sms4smile.com/quotes/charles-horton-cooley/to-retire-to-the-monastery-or-the-woods-or-the-sea-is-to-escape-from/) [Charles Horton Cooley](https://sms4smile.com/quotes/author/charles-horton-cooley/) > [We'll all retire from life at some point. The great thing about acting is you don't necessarily have to retire.](https://sms4smile.com/quotes/denzel-washington/we-ll-all-retire-from-life-at-some-point-the-great-thing-about-acting/) [Denzel Washington](https://sms4smile.com/quotes/author/denzel-washington/) > [That just seems like a tough thing to do... just work in the middle of a company for your entire life. You just do…](https://sms4smile.com/quotes/luke-wilson/that-just-seems-like-a-tough-thing-to-do-just-work-in-the-middle-of-a/) [Luke Wilson](https://sms4smile.com/quotes/author/luke-wilson/) > [If and when I decide to retire I want to perform. I want to be on the ice. I want to continue contributing to…](https://sms4smile.com/quotes/jeremy-abbott/if-and-when-i-decide-to-retire-i-want-to-perform-i-want-to-be-on-the/) [Jeremy Abbott](https://sms4smile.com/quotes/author/jeremy-abbott/) > [When I retire, I want to step away on a positive note. What you put out into the world comes back to you. You…](https://sms4smile.com/quotes/lupe-fiasco/when-i-retire-i-want-to-step-away-on-a-positive-note-what-you-put-out/) [Lupe Fiasco](https://sms4smile.com/quotes/author/lupe-fiasco/) > [I always joke and say I want to invent a comfortable stiletto and then retire.](https://sms4smile.com/quotes/sara-blakely/i-always-joke-and-say-i-want-to-invent-a-comfortable-stiletto-and/) [Sara Blakely](https://sms4smile.com/quotes/author/sara-blakely/) ## More by Sheldon Adelson > [So Israel won't be a democratic state, so what.](https://sms4smile.com/quotes/sheldon-adelson/so-israel-won-t-be-a-democratic-state-so-what/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I am willing to spend whatever it takes … My moral standard compels me to speak out on this issue because I am the…](https://sms4smile.com/quotes/sheldon-adelson/i-am-willing-to-spend-whatever-it-takes-my-moral-standard-compels-me/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I don’t cry when I lose. There’s always a new hand coming up.](https://sms4smile.com/quotes/sheldon-adelson/i-don-t-cry-when-i-lose-there-s-always-a-new-hand-coming-up/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [It's unfair that I've been treated unfair - but it doesn't stop me.](https://sms4smile.com/quotes/sheldon-adelson/it-s-unfair-that-i-ve-been-treated-unfair-but-it-doesn-t-stop-me/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I'm not in business to make money for the other guy. I'm in business to make money for myself.](https://sms4smile.com/quotes/sheldon-adelson/i-m-not-in-business-to-make-money-for-the-other-guy-i-m-in-business/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [He's not a bold decision maker like Newt Gingrich is. Every time I talk to him, he says 'well let me think about it.'](https://sms4smile.com/quotes/sheldon-adelson/he-s-not-a-bold-decision-maker-like-newt-gingrich-is-every-time-i/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I see this as my humanitarian legacy. We're prepared to pay billions.](https://sms4smile.com/quotes/sheldon-adelson/i-see-this-as-my-humanitarian-legacy-we-re-prepared-to-pay-billions/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I look at every business and ask, How long can this last? How can I identify the status quo and change it?](https://sms4smile.com/quotes/sheldon-adelson/i-look-at-every-business-and-ask-how-long-can-this-last-how-can-i/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [I've already figured out when I'm going to be No. 2 and No. 1.](https://sms4smile.com/quotes/sheldon-adelson/i-ve-already-figured-out-when-i-m-going-to-be-no-2-and-no-1/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [The key factor in my strategy is longevity.](https://sms4smile.com/quotes/sheldon-adelson/the-key-factor-in-my-strategy-is-longevity/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [There's never been a real destination resort in Asia, and when we open the Venetian Macao, it will be the first.](https://sms4smile.com/quotes/sheldon-adelson/there-s-never-been-a-real-destination-resort-in-asia-and-when-we-open/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [Entrepreneurship is essentially identifying the path that everyone takes; and choosing a different, better way.](https://sms4smile.com/quotes/sheldon-adelson/entrepreneurship-is-essentially-identifying-the-path-that-everyone/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [An entrepreneur is born with the mentality to take risks, though there are several important characteristics: courage, faith in yourself, and above all, even…](https://sms4smile.com/quotes/sheldon-adelson/an-entrepreneur-is-born-with-the-mentality-to-take-risks-though-there/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [For me, businesses are like buses. You stand on a corner and you don't like where the first bus is going? Wait ten minutes…](https://sms4smile.com/quotes/sheldon-adelson/for-me-businesses-are-like-buses-you-stand-on-a-corner-and-you-don-t/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) > [If I were to retire, I would keep my family's interest in the company the same and say, Don't sell.](https://sms4smile.com/quotes/sheldon-adelson/if-i-were-to-retire-i-would-keep-my-family-s-interest-in-the-company/) [Sheldon Adelson](https://sms4smile.com/quotes/author/sheldon-adelson/) [Explore all 21 Sheldon Adelson quotes ](https://sms4smile.com/quotes/author/sheldon-adelson/) ## More Intention quotes > [I started out dancing on a reality TV show, but always with the intention of making my way over to film. 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My literature has a universal concern: I want to bring people…](https://sms4smile.com/quotes/orhan-pamuk/it-is-not-my-intention-to-explain-turkey-its-culture-and-its-problems/) [Orhan Pamuk](https://sms4smile.com/quotes/author/orhan-pamuk/) > [Whenever any person in the creative field does a film, they think it is going to be of good quality or this is something…](https://sms4smile.com/quotes/akshaye-khanna/whenever-any-person-in-the-creative-field-does-a-film-they-think-it/) [Akshaye Khanna](https://sms4smile.com/quotes/author/akshaye-khanna/) > [If you don't plan to live the Christian life totally committed to knowing your God and to walking in obedience to Him, then don't…](https://sms4smile.com/quotes/kay-arthur/if-you-don-t-plan-to-live-the-christian-life-totally-committed-to/) [Kay Arthur](https://sms4smile.com/quotes/author/kay-arthur/) > [It's my intention to make something stand outside the realm of album art, but it also feels comfortable to me to be in it.…](https://sms4smile.com/quotes/john-dyer-baizley/it-s-my-intention-to-make-something-stand-outside-the-realm-of-album/) [John Dyer Baizley](https://sms4smile.com/quotes/author/john-dyer-baizley/) > [If you are not conscious of all of the different parts of yourself, the part of yourself that is the strongest will win out…](https://sms4smile.com/quotes/gary-zukav/if-you-are-not-conscious-of-all-of-the-different-parts-of-yourself/) [Gary Zukav](https://sms4smile.com/quotes/author/gary-zukav/) > [My intention is to knock out Andy Ruiz.](https://sms4smile.com/quotes/luis-ortiz/my-intention-is-to-knock-out-andy-ruiz/) [Luis Ortiz](https://sms4smile.com/quotes/author/luis-ortiz/) > [In ancient times, those who wished to illuminate the world with virtue first brought order to their nations. Wishing to order well their nations,…](https://sms4smile.com/quotes/confucius/in-ancient-times-those-who-wished-to-illuminate-the-world-with-virtue/) [Confucius](https://sms4smile.com/quotes/author/confucius/) > [Even a moderniser like Alexander II - who emancipated the serfs in 1861 - had no intention of devolving real power.](https://sms4smile.com/quotes/saul-david/even-a-moderniser-like-alexander-ii-who-emancipated-the-serfs-in-1861/) [Saul David](https://sms4smile.com/quotes/author/saul-david/) > [Where the sky begins, the horizon ends, despite the best intentions.](https://sms4smile.com/quotes/tom-petty/where-the-sky-begins-the-horizon-ends-despite-the-best-intentions/) [Tom Petty](https://sms4smile.com/quotes/author/tom-petty/) > [“The devil?” Jason heaved the tick over his shoulder like a collier with his sack. “Satan. The adversary. The enemy of the plan of…](https://sms4smile.com/quotes/orson-scott-card/the-devil-jason-heaved-the-tick-over-his-shoulder-like-a-collier-with/) [Orson Scott Card](https://sms4smile.com/quotes/author/orson-scott-card/) > [I had no intention of becoming an actor.](https://sms4smile.com/quotes/nicholas-hammond/i-had-no-intention-of-becoming-an-actor/) [Nicholas Hammond](https://sms4smile.com/quotes/author/nicholas-hammond/) > [I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and…](https://sms4smile.com/quotes/douglass-north/i-went-back-to-graduate-school-with-the-clear-intention-that-what-i/) [Douglass North](https://sms4smile.com/quotes/author/douglass-north/) > [To transform the world, we must begin with ourselves; and what is important in beginning with ourselves is the intention. The intention must be…](https://sms4smile.com/quotes/anonymous/to-transform-the-world-we-must-begin-with-ourselves-and-what-is/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) [Browse all 2,822 Intention quotes ](https://sms4smile.com/quotes/about/intention/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Why do I need succession planning? Im very alert, Im very vibrant. 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