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Management & Leadership Succession
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Many organizations take their
leadership for granted and often assume that their leaders will be
ensconced for years. However, the turnover of executive positions as
well as the possibility of transfer, disability, and detah can leave an
organization without key leaders. A wise plan is to systematically
identify and develop potential leaders and clearly formulate a
succession plan for the organization. In this section we will examine
succession plans and how they serve an organization.