Taiwan’s business landscape is rich with organisations of all sizes, from homegrown enterprises to major multinational corporations.
Whether led by entrepreneurs who transformed humble beginnings into powerhouses or global leaders steering international companies, these businesses drive economic growth and shape the market. But have you ever paused to wonder – what will happen when these leaders eventually step back from their positions?
This is where succession planning becomes critical. Succession planning is the long-term, strategic process through which an organisation recruits, identifies and nurtures high-potential employees, equipping them with the skills and knowledge needed for them to advance into key positions. This ensures that the business remains stable and continues to thrive for the long run.
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