A
succession plan is a plan that outlines what will happen when someone in a position of power or responsibility steps down or leaves. It ensures that there is a designated person to take over and continue the important work or responsibilities of that person.
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«succession»
«plan»
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Phrases with «succession plan»
Sentences with «succession plan»
- For the savvy older business owner, having a business succession plan in place is priority # 1. (insuranceandestates.com)
- For young entrepreneurs starting their businesses in their 20s, having a business succession plan in place is important. (termlife2go.com)
- In the survey, we found that only 28 percent of succession plans at real estate companies addressed specific capacities required for future success. (realtormag.realtor.org)
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