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Podcast > Enterprise > Resource Centre > Succession Planning

Succession Planning

Dr. Raymond Madden, Asian Institute of Finance

27-Nov-13 10:12


Large number of SMEs face problems finding suitable successors. Many family businesses do not have a plan for succession primarily because of the fear of family conflicts. Succession planning must be approached as a business process that works through the emotional issues to make the best decisions about the future of the business and its ownership.

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Business
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