100 Great Business Ideas: From Leading Companies Around the World (100 Great Ideas)

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224 • 100 GREAT BUSINESS IDEAS


is that individuals can be groomed beforehand for the new
responsibilities they will take on.


  • Ensure workers at the top do not feel threatened by succession
    plans. This can have demotivating and negative results for
    everyone involved in the process.


Darwinian succession:



  • Bring in external talent as part of the succession process to
    revitalize a failing company.

  • If there is little variety in your organization, recruiting from
    outside your organization can widen your “corporate gene
    pool.”

  • When selecting a successor, utilize a range of advice and opinions
    from experts inside and outside the organization.

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