In what ways can succession planning be regarded as a type of contingency planning? Under what circumstances might it be necessary for a company to treat its succession-planning process as a crisis management process?
Answer to relevant QuestionsHow might a company use the process of goal setting to help it implement its succession plan? What are the characteristics of businesses in each of the four cells of the BCG matrix? How would you use Miles and Snow typology theory to advise Activision Blizzard on the best way to maintain its leadership in the videogame market? Most business decisions are made under conditions of either risk or uncertainty. In your opinion, is it easier to make a decision under a condition of risk or a condition of uncertainty? Why? What characteristics make an industry attractive to entrepreneurs? Based on these characteristics, which industries are most attractive to entrepreneurs?
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