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Coping with the unexpected in the management team

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Businesses of all sizes can be severely disrupted by the unplanned and unexpected loss of a key executive, but particularly so when it’s caused by their death or sudden incapacity.

 

For smaller entities the effect can be devastating.

 

In this article, the author looks at what the implications are and how effective management succession planning can mitigate the downsides and avoid the crisis destroying the company altogether.

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