Having Succession plan is a must in times of covid-193 min read 06 Aug 2020, 10:49 PM IST
Succession planning allows businesses and families to mitigate impact of adversities
The outbreak of covid-19 has emerged as not only an unimaginable health crisis the world over, but has also adversely impacted global trade and commerce on an unprecedented scale. With governments announcing extended lockdowns and stringent social distancing norms to flatten the curve of the virus and prevent its community spread, economic activity has come to a virtual standstill. This has led to the value destruction of businesses and threatened their survival.
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