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Posts tagged "business succession plan"

The Importance of Creating a Business Succession Plan

Steve Ballmer, longstanding CEO of Microsoft, recently announced his intention to relinquish his position at the software giant by August 2014. The company's board of directors is already reported to be narrowing the list of candidates and aiming to have a successor in place by the end of this year. Ballmer's successor would be responsible for managing the company's transition as it begins to focus on devices and services, integrating the newly acquired Nokia mobile phone business and continuing to run the company.

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