Ensuring smooth succession is important for the survival of any company.

Question

Quizplus · Accepted Answer

Smooth succession planning ensures that key positions are filled with competent and capable individuals, which is crucial for the continuity and growth of a company. It also ensures that there is a clear roadmap for leadership transitions and prevents any disruption or instability that may arise due to unexpected departures or retirements of key personnel.

Ensuring Smooth Succession Is Important for the Survival of Any