The Economic TimesOct 21, 2021Planning a departure: Here's how MSMEs can master an in-house succession planWhy leave decades of hard work to luck? Is there a right time to plan your succession? What are the critical steps involved? -house succession planning. It is time that Indian MSMEs did too.Many studies have shown that an unplanned succession results in expensive exits, sometimes as much as 10 times the remuneration of the departing CEO!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 e ..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.Read more at The Economic Times
Why leave decades of hard work to luck? Is there a right time to plan your succession? What are the critical steps involved? -house succession planning. It is time that Indian MSMEs did too.Many studies have shown that an unplanned succession results in expensive exits, sometimes as much as 10 times the remuneration of the departing CEO!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 e ..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.Read more at The Economic Times
