What It Looks Like: Sophia, the Chief Executive Officer of a leading financial services firm, has successfully led her company through rapid growth and profitability over the past decade. However, when an unexpected health crisis forces her to take a sudden leave of absence, the leadership team is left scrambling to manage the day-to-day operations and strategic direction of the company. Although the firm has a general succession plan in place, it is outdated and lacks specific provisions for an...
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