Succession Management in Business

Introduction

Succession is the act or process of following in order or sequence. (It is not to be confused with secession, the act of withdrawing from an organization, union, or political entity.)

The act of succeeding, or following after; a following of things in order of time or place, or a series of things so following; sequence; as, a succession of good crops; a succession of disasters.

Definition

The power or right of succeeding to the station or ....etc

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The Need to Forecast

When the result of an action is of consequence, but cannot be known in advance with precision, forecasting may reduce decision risk by supplying additional information about the possible outcome. The potential benefit of forecasting lies in the realm of decision making to exert control over some process. To be able to look into future is always a question in mind of decision makers. Calculating the likely value of a variable or its likely behavior are important outcomes of fore ....etc

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Impact of Globalisation on Business and Management Education

The business sector in India is highly promising in the present scenario. The impact of globalization has changed the business procedure in India in terms of psychology, methodology, technology, mindset work culture etc. Newer challenges, newer opportunities are day-by-day in front of Indian industries, which are profitable and prospective.

The fundamental scope of doing business in India is lying with its people. The huge population o ....etc

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Enhancing business through joint venture

Trade and the motive of traders is not the constant for all the types of market prevailing globally. The developing countries has different trade strategy where as the developed countries has also acquired superior strategy for their dynamic growth. The measuring scale i.e. economy of a nation clearly explains the growth of trade in a particular nation. Trade practices are no more similar for all the players prevailing in the market in the same way driving w ....etc

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Business Intelligence 2.0 (BI 2.0) is a loose term referring to new trends and advances in Business Intelligence (BI). The 2.0 version number alludes to version numbers assigned to software even though it is only an abstract concept not a specific application (much like Web 2.0). In simple terms it refers to the new generation of Business Intelligence software that is more pro-active than reactive (the latter merely analysing data or reports produced after the fact). The first generation of Business Intelligence (BI 1.0) analysed decisions, w ....etc

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THE ROLE OF BUSINESS EDUCATION IN ACHIEVING BUSINESS EXCELLENCE




INTRODUCTION: 


The fiercely competitive twenty-first century business environment poses challenges at every turn. Both public Organizations around the globe are striving to improve their business analysis capabilities to: (1) drive changes from strategic goals; (2) invest in the most valuable projects – those that deliver the high­est value at the lowest cost and risk; and (3 ....etc

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