(Answered) Develop a succession plan for a small manufacturing firm

Management Studies

Develop a succession plan for a small manufacturing firm located in Spokane. Assume that they have 500 employees and each member of the top management team, regardless of sex or ethnicity, is over 50 years of age. The middle managers are untrained in terms of executive leadership. How will you replace the top management team, seamlessly, over the next ten years. What are the consequences of succession planning poorly designed? How will you avoid these dilemmas?

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