Which statement is drawn from the Managing for Growth study on succession?
A) Ownership should be passed to the next generation as soon as they complete their post-secondary education.
B) Owners should not look for a clone of themselves to carry on the business.
C) Training candidates in the corporate culture will inhibit the probability of employee and customer acceptance.
D) Establish general guidelines for performance for a year after succession.

Question

Quizplus · Accepted Answer

The statement that is drawn from the Managing for Growth study on succession is that "owners should not look for a clone of themselves to carry on the business." This means that it is not necessary to find someone who is exactly like the owner in order to successfully manage and grow the business after succession. Instead, it is important to find someone who is capable of learning and adapting to the unique challenges and opportunities that come with running the business. The study emphasizes the importance of finding a successor who is a good fit for the organization and its culture, rather than simply looking for someone who possesses the same skills, knowledge, and personality traits as the owner.

Which Statement Is Drawn from the Managing for Growth Study