Succession Or Promotion?: A New Outlook Into Succession Planning

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Synopsis

It shouldn't be like this, but a Founder's succession in a company signals a not-so-generous change in command. It feels as if someone who had been the topmost representative of a company until "yesterday" is being ejected, or even expelled from the organization, no matter how big or a small your business is. Lack of planning and empathy, which causes trauma and veritable nightmares during such a transition, occurs in small, medium, or large companies.
THIS BOOK'S GOAL IS TO BREAK THAT PARADIGM.
From traditionally passing on the scepter as an act of succession and replacement, to the promotion of a Founder, who has set up a company that generates wealth to many families, to a city, a state, a country, or the whole world...
Our proposal is to prepare Founders for the ongoing journey of life with new challenges and to sensitize successors so they can recognize the Founder's legacies, and choose to take over their responsibilities and follow their steps, or do even better, with that which has been built.
A successful succession plan will foster harmony within the family, support the prearranged agreements among partners, and enable successors to have an outstanding performance.
The invitation is to harmony. Let's cheer for the Founders and their brilliance. Let us cast a challenging look on the succession of those men and women who have been dutifully promoted to a new age in their lives.
Enjoy your promotions, and your reading!