Business Succession Planning

Business Succession Planning is the capacity to proactively plan for the smooth transition of leadership and ownership inside a company in order to assure its long-term viability and success. It entails identifying and nurturing important talent, implementing a leadership continuity strategy, and addressing potential difficulties in the event of leadership changes.

by Ajitesh Singh Rana

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Description

Business Succession Planning is a strategy process within a company that aims to ensure the smooth transition of leadership and ownership when key persons, such as founders, owners, or senior executives, leave or retire. This talent entails careful consideration, risk assessment, and a systematic strategy to minimizing disruptions and maintaining b...view more

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