<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=717202372148975&amp;ev=PageView&amp;noscript=1">

SP JAIN'S NEWS

10 Critical Factors for Effective Succession Planning – Prof. Parimal Merchant writes in The Economic Times

 
 

Prof. Parimal Merchant, Director - Global Family Managed Business Program, SP Jain School of Global Management, recently authored an article titled ‘Ten Critical Factors for Effective Succession Planning’ in The Economic Times Family Business Forum, a media platform that brings together insights, views, research and voices behind some of India’s leading businesses.

Prof. Merchant notes that choosing the appropriate successor is the most crucial task for all family business owners to ensure their businesses’ longevity and prosperity. He elaborates that the task of succession is not an event; rather it’s a process – called Succession Planning – which owners need to put in motion long before they are ready to hand over the reins of their business.

“As a Family Business owner, you need to start Succession Planning early, there are no shortcuts here!” writes Prof. Merchant.

Click here to read the 10 factors highlighted by Prof. Merchant that are crucial for Succession Planning to be effective.

 

LATEST NEWS

How is a Global MBA different from a regular MBA? - Dr Arindam Banerjee writes in the Education World
Why an EMBA is important in one’s career to make better decisions – Dr Bhanu Ranjan writes in K12 Digest
How to deal with challenges in digital transformation during COVID – Dr Karippur Nanda Kumar writes in Free Press Journal
Recruit the right faculty – Dr Christopher Abraham writes in the Pioneer
India is projected as the education hub of the world– Dr Vaidyanathan Jayaraman writes in Estrade
How can a Master’s degree in Global Business Management enable you to work in the post-pandemic world? – Dr Arindam Banerjee writes in Shiksha
How can MSMEs benefit from data science in their business? – Dr Abhijit Dasgupta writes in Financial Express
Higher Education - Trends, Disruptions & the Future – Dr Christopher Abraham writes in Shiksha
EMBA has a bigger impact on one's work-life; here’s how – Dr Bhanu Ranjan writes in The Sunday Pioneer
Digitalisation will provide an unprecedented opportunity - Dr Karippur Nanda Kumar writes in Op-ed Moped
BBA and the importance of internships - Dr Vaidyanathan Jayaraman writes in Shiksha