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|Description=<translate><p><center><b>Business succession planning pdf</b></p>
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<p>Even when there is no identifiable successor within an organization, succession planning can help identify the knowledge, skills and training needed in a future external candidate Clearly articulated business case for succession planning and management that can be used to obtain leadership support, engage participants, etc. PHASE OBJECTIVESEstablish overarching succession planning and management priorities and planned activitiesIdentify and review succession planning and management policiesKEY In Effective Succession Planning, William Rothwell defines succession planning as a “deliberate and systematic effort by a company to ensure leadership continuity in key  Clearly articulated business case for succession planning and management that can be used to obtain leadership support, engage participants, etc. StepGoal SettingOther Stakeholders’ Goals. Even the most well-intentioned, talented business owners can fail at succession if the family, ownership, and business systems have not been suficiently prepared for the transition Succession planning helps ensure business continuity and performance, particularly during times of shifting leadership and change. StepGoal SettingThe Business Owner’s Goals. Succession planning is an intentional process aimed at identifying and cul-tivating employees within an organization who have the potential to lead the company and sustain its  The Succession Planning Process: An outline. PHASE OBJECTIVESEstablish  ModuleSuccession Planning The first step in succession planning is to get your firm “succession-ready.” The best way to do this is to consider the questions a potential  Definition. Succession and integrating the next generation are among the toughest and most critical challenges facing a family business. StepManagement SuccessionIn succession planning and elsewhere, the family-held business faces the dual challenge of managing business isions, family needs, and the complex ways they intersect. The “business of the family” and the “business of the business” are equally important, but they are sometimes at odds In Effective Succession Planning, William Rothwell defines succession planning as a “deliberate and systematic effort by a company to ensure leadership continuity in key positions, retain and develop intellectual and knowledge capital for the future, and encourage individual advancement.” Succession planning helps ensure business Managing your legacy.</p></translate>
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|Duration=634
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