Media Release
Dubai, Nov 9: KEL Dubai will host a talk on 'Business Transition through Succession Planning' by senior management consultant Walter Vieira at The India Club, Dubai on November 17 at 7 pm.
Venue : The India Club, Utsav Hall, Dubai
Date and Time : November 17 (Tuesday) at 7 pm
Registration: Free for all members & their spouses.
Non-members will be charged AED 100 during registration on the day of the event.
Kindly register online or reply to the email invitation.
To register online click here
What is Succession Planning?
Majority of the small to medium organizations are managed by the promoters who run several key roles and manage it successfully. However, if something happens to them resulting in death or even permanent disability, such companies are at a serious risk of closing down. It is therefore critical to groom second level of management such that they are able to take over as and when required.
Succession planning is a process whereby an organization ensures that employees are recruited and developed to fill each key role within the company. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available. As your organization expands, loses key employees, provides promotional opportunities, and increases sales, your succession planning guarantees that you have employees on hand ready and waiting to fill new roles.
During this event the speaker will cover several issues related to Succession Planning and clarify several impacts of not having a proper plan.
The presentation will cover:
• Why is succession planning necessary?
• Succession Planning often considered a necessary evil. However, like death, it is inevitable.
• Most people in business skirt this subject and leave their company in a mess. It then takes a long time to clear the mess - if it can be cleaned up at all.
• How businessmen have done it successfully; and why some have failed.
• What are the approaches of businessmen in the East and the West, and how they differ?
• How succession planning sometimes fails, because of changed circumstances.
• When is the time to transition to professionals?
About the Speaker
Walter Vieira, is a senior management consultant who started India’s first Marketing Consulting Company (MAS) in 1975. He offers consulting and training services to companies in India, S E Asia, Africa and USA, over three decades.He is the author of 11 books including The Winning Manager; Manager to CEO; World Passport for the Global Manager. He Has lectured at Kellogg, Cornell, NYU and many other business schools.in USA, Europe, India
He has published over 700 articles in the business press. He was the first Asian elected Chairman of the ICMCI (the world apex body of Management Consultants from 42 countries).
Walter was awarded Lifetime Achievement Award in 2005 by IMC-India., for his contribution in Consulting; and the Lifetime Achievement Award in 2009 by INDYS, for his contribution to Marketing.
About KE Global:
KE Global is a global, non-profit, mutual-benefit corporation founded by successful entrepreneurs to encourage, support and nurture entrepreneurship in individuals originating from the Kanara region. While fostering entrepreneurship amongst the expatriates from the Kanara region with chapters in the UAE and Bangalore, KE Global aims to expand its activities overseas through affiliations with individuals or associations with similar objectives. KE Global has signed memorandum of understandings with organisations such as Rachana in Mangalore, Christian Chamber of Commerce & Industry and Dimensions in Mumbai to achieve these objectives with mutual co-operation.
To register online click here