Succession Instability

The inability to create a viable succession plan in case the leadership dies, is a big problem for a number of companies. This problem usually strikes visionary leaders who have lead their companies for years. These leaders are so talented that worthy successors leave the company before their opportunity to lead it comes about. With the exodus of leadership, these companies tend to have weak succession plans and opportunities. … "Succession Instability" will have a long-term negative impact on this entity, which subtracts from the entity's value. This statements will have a short-term negative impact on this entity, which subtracts from its value. This qualitative factor will lead to an increase in costs. This statement will lead to a decrease in profits.