Thus, the bonus effectively transfers ownership to the successors
That may be one reason companies are more often going outside their own ranks for successors
To expand their capabilities, partners need to be willing to send these potential successors
to a wide range of educational and training courses in marketing, human behavior, leadership and management.
To gain their insight, CTR recently asked Emtec, Fujifilm, Imation, Maxell, Sony, TDK, and Verbatim to answer these questions: 1) Which technology is likely to be the successor
Compelling though its thesis may be, it is important to remember that the work of Borromeo and his successors
involved a complex series of initiatives which were directed not just at the confessional but also at the pulpit, the seminary; the episcopal tribunal, the confraternity, and other agencies for education and control.
Or who should be the successor
if the next of kin has neither the experience nor interest in running the company?
In the field of products liability, where there truly is an innocent plaintiff with no other means of redress available, strict liability for successors
was developed out of a sense of fairness in placing liability on the successor
, who could spread the risk through insurance, or by price increases for customers.
But if successors
are effectively developed through the following four development stages, growth and profitability are maximized, employee turnover and customer loss are minimized, and owners get paid the full value of their business.
A number of communication responsibilities and reporting considerations necessarily arise whenever a successor
auditor concludes that a client's prior year's financial statements require restatement, either because they are materially misstated or because an accounting change must be retrospectively applied.
During succession, the process of leadership transfer requires incumbents and successors
to engage in change-oriented behaviors and negotiate the changing conditions of their relationships and their roles in relation to the firm.
Hitting back at Lalu over his succession theory, Pappu said, " Sons can be successors
only in a monarchy.
planning is not conducted in vacancy, as a tool to train, educate and grow successors
, it helps family members to understand their career plans (Rothwell, 2005).