Thursday 28 March 2024
 
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Succession planning

Succession planning ‘critical’ for family firms

While more than 85 per cent of privately held businesses in the Middle East are family-owned, the first line of founders are now reaching retirement age and are finding succession planning a critical challenge, a report said. Such

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CEO succession ‘not well planned by board’

Sixty-seven per cent of chief executive officers (CEOs) in the Middle East do not believe that CEO succession planning is effectively addressed by the board, a report said. More than 90 per cent of global directors agree that the

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