‘Boards need to play active role in succession planning’
Critical to groom successors, say experts at launch of Korn Ferry-NSE 'BoardsThatLead'study
Mumbai: The boards of Indian companies must grow beyond their baseline responsibilities and play a more proactive role in succession planning, which remains a key challenge facing a large number of companies in the country. This was the overarching view of a panel of speakers at the unveiling of a joint study titled, Boards That Lead, by National Stock Exchange (NSE) and Korn Ferry, a global management consulting firm which advises company boards on best management practices and corporate governance.
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