Environment in which staff can grow offers best chance of corporate survival; GROWTH: Company's life expectancy linked to ability to weather change at top.(Business)

Byline: Katy Chamberlain

Katy Chamberlain, director at KPMG's Cardiff office, takes a look at the issues surrounding succession planning, in highgrowth entrepreneurial companies

ACCORDING to a study by the Stratix Consulting Group in Amsterdam, the average life expectancy of a firm, regardless of size, is less than 13 years.

It is a salutary reminder that not all entrepreneurial companies will live to a ripe old age - even if their original creators do!

One of the major contributors to corporate longevity is good succession planning. Following in the footsteps of an individual who has placed all their energies into achieving the growth of …

Environment in which staff can grow offers best chance of corporate survival; GROWTH: Company's life expectancy linked to ability to weather change at top.(Business)

Byline: Katy Chamberlain

Katy Chamberlain, director at KPMG's Cardiff office, takes a look at the issues surrounding succession planning, in highgrowth entrepreneurial companies

ACCORDING to a study by the Stratix Consulting Group in Amsterdam, the average life expectancy of a firm, regardless of size, is less than 13 years.

It is a salutary reminder that not all entrepreneurial companies will live to a ripe old age - even if their original creators do!

One of the major contributors to corporate longevity is good succession planning. Following in the footsteps of an individual who has placed all their energies into achieving the growth of …

Environment in which staff can grow offers best chance of corporate survival; GROWTH: Company's life expectancy linked to ability to weather change at top.(Business)

Byline: Katy Chamberlain

Katy Chamberlain, director at KPMG's Cardiff office, takes a look at the issues surrounding succession planning, in highgrowth entrepreneurial companies

ACCORDING to a study by the Stratix Consulting Group in Amsterdam, the average life expectancy of a firm, regardless of size, is less than 13 years.

It is a salutary reminder that not all entrepreneurial companies will live to a ripe old age - even if their original creators do!

One of the major contributors to corporate longevity is good succession planning. Following in the footsteps of an individual who has placed all their energies into achieving the growth of …