Why succession planning is a leader’s final act of greatness

Many business leaders assume they are the rightful heads of their organizations, believing their years of success and hard-earned wisdom make them irreplaceable. Yet, in doing so, they often obscure a larger, more pressing issue — the wellbeing of the institution itself, observes former 3M India CEO Ajay Nanavati, and corporate advisor Dr. Srinath Sridharan.

Why succession planning is a leader’s final act of greatness
Many business leaders assume they are the rightful heads of their organizations, believing their years of success and hard-earned wisdom make them irreplaceable. Yet, in doing so, they often obscure a larger, more pressing issue — the wellbeing of the institution itself, observes former 3M India CEO Ajay Nanavati, and corporate advisor Dr. Srinath Sridharan.

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