Succession Planning
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Action at Age Zero or Resignation at Age Crisis?
The NEET paper leak escalated so badly that the education minister had to resign. Let that sink in. A senior government official. In office for years. Credibility built over decades. Gone. Because of delayed action on a crisis. The Timeline of Failure: Paper leaked. Should have been addressed immediately. Government delayed response. Protests started. Protests… Continue reading
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Family Business: The Three Documents You’re Missing
Sharma Uncle had a ₹10 crore business. A proper will. Updated bank accounts with nominees. But no Family Constitution. No business succession plan. When he died: Will was clear (property divided equally) Bank accounts transferred smoothly (nominees worked) Business? Chaos. No clarity on who leads. Who owns what. How decisions get made. Three years in… Continue reading
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Why Succession Planning in India Doesn’t Start, It Gets Triggered?
In most Indian MSME families, it doesn’t begin. It gets triggered. The founder had just recovered from a mild heart attack. Nothing catastrophic, the doctors said. But something had shifted at home. Conversations that were never needed earlier suddenly became urgent.Who will take over?Who will handle finances?What happens if something changes again? Until that moment,… Continue reading
