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Succession Planning
Succession Planning

While the ancients propagate our earthly departure as the only truth, we live and act as immortals. The same holds true in the corporate world. While exit dates are either preset or, in case of MSME promoters, pre-ordained by certain happenings, the passing of the baton is still a rushed act, and the success of the transfer is usually driven more by luck than any planning. Why leave decades of hard work to luck? Is there a right time to plan your succession? What are the critical steps involved?

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