Succession plan vital for survival

  • Business Premium
  • Thursday, 24 Jun 2004

MALAYSIAN companies and family-run businesses should incorporate succession planning as an important part of its long-term growth and survival strategy. 

Associate Prof Dr Edmund Terence Gomez of the Economics and Administration Faculty at Universiti Malaya said there had been many cases of family-run businesses breaking up gradually after the demise of their founders. 

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

CPO futures likely to undergo technical correction next week Premium
Econpile issues termination notice to Gabungan Strategik Premium
Intel's US$20bil Ohio factory could become world's largest chip plant Premium
Shrunken US oil inventories point to chronic under-supply Premium
Royal Dutch no more - Shell officially changes name Premium
Oil price slides, but climbs for 5th week on supply concerns Premium
GLOBAL MARKETS-Bond yields tumble as Netflix fuels stock market sell-off Premium
Rising interest rate fallout unlikely Premium
Policy normalisation can lend support to ringgit Premium
Short Position - Green bond, O&G funding, Going the EV way Premium

Others Also Read