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Business Succession

What Makes a Good Business Succession Plan?

Succession planning is the process where the business identifies one or more potential successors for key roles within the organization, or when best-performing employees are placed in a succession pool for future leadership roles. In short, it’s designed to make sure...

Some Fundamentals of Business Succession Planning

Someday, you will be stepping down from the helm of your business or corporation and handing your duties over to someone else. Other key roles will have to be filled by the right people as well.  That transfer of authority and leadership at the pinnacle and among the...