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Wednesday 20 April 2011

Succession Planning - A different perspective

Succession Planning is usually associated with the corporate world. Entrepreneurs and senior  members of corporations make plans to secure a successor for their exit from these companies. Their exit may be due to retirement, illness or otherwise.  Elaborate succession plans are drawn up to facilitate a smooth transition in order to ensure the continued maximization of the value of the business. Such plans are supposed to be attainable, realistic and measurable. 

That is the corporate world!  How many of us undertake succession planning in our personal life? We are absorb with bequeathing to our offsprings the wealth we have amassed throughout our life, but what values are we instilling in our children so that they, in turn, can pass on to the next generation?  Of much concern in the corporate world is the comportment of generation Xers. Their lax attittude to work, their unbridled desire to have everything "now"......  Is this a result of the technological advancement or is it a consequence of parents' attempt to bestow on their children the material things they had been deprived off in their youth and, as a result, this current generation does not know anything about responsible and work to earn?

The muslim world is ensuring the survival of their religion and culture at any cost. In Europe, traditional churches have been closing their doors due to lack of attendance and the insufficient number of priests.  In communities in France and the Caribbean, Catholic priest have been recruited from West Africa.  In the UK, Churches are being turned into pubs.  Throughout Europe and the US and the Caribbean divorce has been on the increase and the number of children born to single parents has never been higher.

So what then are the succession plans or guidelines regarding our spiritual wellbeing,work ethics, life, love, discipline we bequesthing to this generation to ensure the continuity of our genes, customs, religion, culture this planet?

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