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PSMJVolume 37 n Number 2February 2010 Straight Talk for Design Firm Principals WorldwideProfessional Services Management Journal In This Issue Retirement Plans Remain Key Employee Benet's Even though
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Transitioning leadership involves handing over responsibilities, decision-making authority, and strategic direction from one leader to another within an organization.
Typically, the current leader or board of directors of an organization are responsible for filing the transition of leadership.
The process of filling out how to transition leadership involves documenting the steps and actions taken to ensure a smooth transition of power.
The purpose of transitioning leadership is to ensure continuity and stability within an organization as new leadership takes over.
Information such as the outgoing leader's name, the incoming leader's name, key dates of transition, and any relevant details about the handover process must be reported.
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