How do we avoid making costly mistakes when naming successors?

Describes the business (size, structure, etc.) If there are unknowns, make assumptions based on typical companies from similar fields and of similar size. (1 page, 1-2 slides)
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How do we avoid making costly mistakes when naming successors?

Research a succession planning initiative in a company of your choice. Describe the process and its outcome. Would you do anything differently? Why? How do we avoid making costly mistakes when naming successors? Can we add something for them to think about this? Explain your answers in a 2-3 page Word document.

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