Question

Samson has been the CEO of his company for the past six years. His tenure has almost come to an end, and he will be retiring in a few years. Currently, his major concern is to identify a budding leader who can take up his role after him. Samson has already identified Max as his potential successor. However, succession management goes far beyond succession planning. If Max is to be the next CEO, what steps should Samson take pertaining to succession management?

Answer

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