We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Baloni Brothers Ltd: Succession Plan - Essay Example

Comments (0) Cite this document
 This essay discusses the case of Baloni Brothers which is a very good example to understand the manner in which effective leadership can help bring about a successful business organization. Both the founder directors of the company did not have any technical qualifications…
Download full paperFile format: .doc, available for editing
Polish This Essay92.9% of users find it useful
Baloni Brothers Ltd: Succession Plan
Read TextPreview

Extract of sample
"Baloni Brothers Ltd: Succession Plan"

Download file to see previous pages In this regard, there is an urgent need for finding a suitable replacement for the two key individuals. The issue also assumes importance considering the fact that the entire organization is highly dependent on these two directors. An effective succession plan at Baloni would involve four steps firstly; the succession planning would be named as succession development plan as it is necessary to develop individuals into broader leadership roles as it would be more practical in the current case. This can be traced from the historical nature of the origins and growth of Baloni Brothers who despite lacking technical skills had efficient leadership traits that helped in the rise of the company. Succession development planning would help in finding appropriate persons who can fit into the shoes of the Baloni Brothers so as to ensure a good job fit. Secondly, a succession development for finding a new successor would also involve measurement of the outcomes and not the process as a whole. In case of Baloni Brothers, the successor would essentially be an external person who would be new to the company. A team comprising of the Baloni Brothers and the directors would also be in place to select the new executive. The new person would be designated as the CEO or the Chief Executive Officer. The CEO would be handpicked from a set of chosen candidates. The candidates would essentially be associated in the same industry and business segment for a considerable period of time in a very senior position. Efforts would be made to take a relatively younger person for the job as it would help in bringing greater energy and enthusiasm into the organization that would motivate others n the company. A simple yet comprehensive selection criterion would be made so as to reduce complexities and look for leadership traits.   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Baloni Brothers Ltd: Succession Plan Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/management/1440657-case-study-baloni-bros-ltd
(Baloni Brothers Ltd: Succession Plan Essay Example | Topics and Well Written Essays - 1250 Words)
“Baloni Brothers Ltd: Succession Plan Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/management/1440657-case-study-baloni-bros-ltd.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
The marketing plan for ABC Foods Pvt. Ltd
This paper presents brief report on the management strategy of Amazon.com and gives detailed analysis of both the internal as well as external environments. In order to analyze the business environments, various business analysis tools such as SWOT, STPD, Competitor analysis etc will be included in the paper.
12 Pages(3000 words)Essay
Marking Plan for Virgin Group Ltd
In order to align the activities with strategies, it is essential that the organization plans for its short and long term goals in a sophisticated manner. This paper will formulate a marketing plan for the Virgin Group Ltd. It undertakes to conduct the audit of the micro and macro environment of the company.
12 Pages(3000 words)Essay
Human Resource Plan in Zeagol Company Ltd
 Zeagol Company Ltd has been operating in the pharmaceutical industry for twenty-five years since 1986 when it was officially opened. This company majors in the production of medicinal chemicals, drugs, and other pharmaceutical products, and has been a key supplier to laboratories in the state of California. 
6 Pages(1500 words)Research Paper
Succession Planning
Organisational survival and growth are the most important responsibilities of top management of all organisations. Consequently, planning management succession becomes prime requirement to ensure right number and right kind of management staff at the right time and in right positions for continued organisational vitality and strength.
8 Pages(2000 words)Essay
Ecosystem Succession
The succession progress is shown below. The whole process is a "sere". And each successional stage is a "seral stage". Seral stages may be a few years or a few hundred years in length depending on type of stage and environment conditions. The final or equilibrium stage is known as "climax community."
3 Pages(750 words)Essay
Strategic Marketing Plan for Yeo Hiap Seng Ltd
The plan entails what the unit has to consider in the period and how to achieve the set out goals as a strategic business unit (SBU). Strategy can be said to be the overall scope and direction of any given organization over the long run with the aim of properly allocating resources, which will ensure that the organization will respond the ever changing market demands.
20 Pages(5000 words)Case Study
Business Plan: The Spirit Hop And Grape Company Asia Ltd
Dark Horse Inc. is a local management company in Australia which depends directly on The Spirit, Hop and Grape Company (Asia) Ltd. Dark Horse will import Shag lager from Malaysia and will take responsibilities of all the logistic process, from Malaysia to the final consumer, and also all the marketing and promotion activities.
20 Pages(5000 words)Essay
Engineering Products Case Study
In the case of multinational operations, however, the added pressures of differences in political policies and legal practices, cultural factors, economic forces, and geographical influences, heighten what would normally have been a
5 Pages(1250 words)Essay
Succession planning
Motorola Company is based in the United States of America. It is a company, which deals mainly in electronic and wireless communication. Among the initiatives the company uses is succession planning. With the aim to speed up women and minority
3 Pages(750 words)Essay
Software Quality Assurance Plan for the Agate Ltd Case Study
Tools used in Quality Assurance are available to quality professional in order to accomplish their task of maintaining the quality of the organization and meet or
3 Pages(750 words)Research Paper
Let us find you another Essay on topic Baloni Brothers Ltd: Succession Plan for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us