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Get Succession Planning Right, For Business Longevity
Many great businesses with strong competitive advantages fail to sustain in the long run, write Saurabh Mukherjea and team.
28 Sep 2020, 11:16 AM IST
All businesses face the event of succession of key management personnel, whether it be promoters or professionals. However, succession planning is a process that is not adequately engrained in the DNA of most organisations due to the variety of challenges involved in this process. As a result, many great businesses with strong competitive advantages fail to sustain in the long run. Our proprietary succession planning framework assess...
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