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- DictionarySuc·ces·sion/səkˈseSH(ə)n/
noun
- 1. a number of people or things sharing a specified characteristic and following one after the other: "she had been secretary to a succession of board directors"
- 2. the action or process of inheriting a title, office, property, etc.: "the new king was already elderly at the time of his succession"
1 day ago · Succession planning is a must for any role that maintains ownership over business-critical tasks and where the loss of such an employee would create significant disruption to one or more business operations. Yes, this can include non-management positions!
4 days ago · Succession planning here focuses on developing future executives with the broader vision needed to lead entire divisions; Level 4—C-Suite: This is the executive team responsible for the company’s overall direction, goal setting, and success. Succession planning at this level involves identifying and nurturing potential CEOs and other top ...
1 day ago · Define what you want to achieve with succession planning, considering your overall organizational goals. You might want to lower turnover, plan for retirements, or strengthen leadership skills.
4 days ago · Definition. Entries Near. Show more. Save Word. successor in interest. : a successor to another's interest in property. especially : a successor in ownership of a business that is carried on and controlled substantially as it was before the transfer. Dictionary Entries Near successor in interest. successor in interest. sudden emergency doctrine.
4 days ago · This article was most recently revised and updated by Michael Ray. House of Tudor, an English royal dynasty of Welsh origin, which gave five sovereigns to England: Henry VII (reigned 1485–1509); his son, Henry VIII (1509–47); followed by Henry VIII’s three children, Edward VI (1547–53), Mary I (1553–58), and Elizabeth I (1558–1603).
- The Editors of Encyclopaedia Britannica
4 days ago · In this blog post, we'll explore the importance of financial planning tailored specifically for small business succession, providing insights and strategies to navigate this critical process. Define Your Succession Goals: Small business owners should begin by clearly defining their succession goals. Are you passing the business to a family ...
3 days ago · CEO succession planning is an important board role but one that boards can struggle with. This resource defines CEO succession planning, as well as identifies some obstacles to CEO succession planning and offers suggestions for overcoming them.
