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IDEA 98: Internal promotion and succession planning.
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- Author(s): Kourdi, Jeremy
- Source:
101 Great Business Ideas. 2007, p233-235. 3p.
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- Abstract:
Chapter 98 of the book "100 Great Business Ideas: From Leading Companies Around the World," by Jeremy Kourdi is presented. It discusses the idea on the approach that best to apply in selecting a successor in the organization, if it would be the internal selection approach or the Darwinian approach which favors to both internal and external. It states that both approach are vital at different levels or times, wherein HSBC Holdings PLC is one of the firms that uses the two approach successfully.
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