• The Importance of Succession Planning

The Importance of Succession Planning

02 July 2020

An issue that most organisations faced when a key employee leaves is the lack of succession planning and projects or collaborations would have to come to a halt due to the lack of a succession plan. As a result, this would affect the progression and revenue of the organisations. In this article, BDO Consultants discuss the importance of having a succession plan in place, highlighting three important factors that organisations could consider when designing a succession planning framework.

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