How effectively succession planning affects the corporate strategy and effectiveness

Abstract

The board leaderships play very crucial role when it comes to plan for the corporate goals and term objectives. The managing stakeholders have all the say in affecting the structure of board of any corporate body. The generational change is also inevitable and it has to effect at some time or the other. The present paper evaluates the nexus between the succession planning and its key impacts over the corporate effectiveness. The scope of this study does not limit the paper to any geographical boundary. The general succession planning has been studies and evaluated as to its probable and key impacts over the profitability of an organization.