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Monday, June 17, 2024

Bangkok Post – Ensure your successor is better equipped for success than you were

The future demands looking beyond the usual candidates for the new skills and ideas needed

Business leadership succession planning is looming for Thai organisations. Sixty percent of listed companies expect a senior succession to take place within three years, it is essential to prepare by understanding what the organisation will look like and what future leaders (plural) will be needed.

Even the best organisations and leaders can have a blind spot about what happens next, especially when they are riding high or in a tough spot. In my experience, the problem is not a reluctance to let go of power, a lack of open communication about succession, or the challenge of…

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