“Strategy shouldn’t be for the present only but must address how you can take, or better still, build the future. When planning leadership succession, a crucial question that must be answered is “Who should be in charge for where we are headed?” — Preparing the next generation of leaders has become more imminent than ever. Companies who methodically follow procedures of choosing new leadership are at a disadvantage. This is because the ‘new’ leaders are often incompetent and end-up being mannequins or corporate placeholders, in the centre of chaos. The economic-business-digital evolution highlights…
