Building Corporate Legacy: How Interim Leaders Help Ensure Your Company’s Sustainable Growth

Corporate Sustainability: The Role of Interim Leaders in Shaping the Future.

To ensure your company’s successful future, you need a clear vision of the succession plan. Leadership succession planning may seem straightforward at first glance. However, a succession plan is like any other management project, requiring comprehensive preparation, meticulous implementation, and continuous monitoring. Despite this, unexpected challenges often arise during practical implementation.

This is because succession plans carry deep emotional implications, regardless of the nature of your organization. When the initiative comes from owners, it may be interpreted as a sign of waning confidence in the current leadership. When it is proposed by family business founders approaching retirement, it may raise fundamental questions about the future of the company’s legacy.

Read the full article through Arabian Business KSA by clicking here.