Description
Week 11 Discussion
"Succession Plan and Regulations" Please respond to the following:
- Develop a succession plan or exit strategy for a business. Within your response, be sure to discuss which elements are essential to this succession plan or exit strategy. Provide support for your response.
- Identify three (3) government regulations that you believe a business will need to comply with. Next, discuss the different ways that a business can get more familiar with these regulations.
Explanation & Answer
Attached.
Succession Planning and Regulations - Outline
Thesis statement: Succession planning is a critical strategy that supports business
continuity through adequate preparation for transition. It is vital for business continuity, creation
of value of the business at any given time or enhancing employee motivation as they are
prepared for future positions in the company.
The paper addresses succession planning and regulations as follows:
I.
II.
Succession Planning/ Exit Strategy
Government Regulations
Running head: SUCCESSION PLANNING AND REGULATIONS
Succession Planning and Regulations
Name
Institution
1
SUCCESSION PLANNING AND REGULATIONS
Succession Planning and Regulations
Succession Planning/ Exit Strategy
Succession planning is a critical strategy that supports business continuity through
adequate preparation for transition. It is vital for business continuity, creation of value of the
business at any given time or enhancing employee motivation as they are prepared for future
positions in the company. Succession planning involv...
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