"One of the greatest compliments you can be paid is that the organisation is big enough, good enough, and strong enough to withstand you going and embrace somebody else that will add value to your baby and not hurt it," stated Lord Digby Jones, former director general of the Confederation of British Industry, in a recent Financial Times interview. “What’s the point if it dies with you? It might do your ego a power of good if the world can’t go round without you but, I have to say, what was the point? What sort of legacy is that?”
Well played. Read the rest of the article, discussing the merits of succession planning on levels both great and small, at Yahoo! Finance or the Financial Times.
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