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.
We hope that you will find these insights useful and informative. Please feel free to reach out to us if you would like to know how we could assist you.