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Succession Planning for Multicultural

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How does a multicultural region impact succession planning strategies?

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Thoughts on succession planning for a multicultural business setting.

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I am providing you with some thought on the subject. You can use these or have the be the basis for your own thoughts.

Succession planning is not just about the knowledge of the business. It also entails the knowledge and understanding of the employees, business culture, and the customer base within which the company works and profits. With this in mind, companies need to take care when planning for succession. This includes family owned and operated businesses. Knowing the differences in cultural norms and expectations is paramount to finding the ...

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