To learn more about developing or using disaster recovery plan templates more effectively I highly recommend you read the white paper titled The Disaster Waiting to Happen: The 4 Biggest BCDR Mistakes People Make And Why They Cost So Much. You can get your copy while supplies last here Disaster Recovery Plan Template and you'll discover why Business Continuity and Disaster Recovery Planning remains such a hot topic in the IT infrastructure world today.
Perhaps the most powerful illustration of succession's importance inside the family firm is the staggering number of family businesses that plan to hand over control to the next generation in the short_term. For instance, in the US alone, 40% of family business CEO's are planning to transfer power to the next generation within the next 5 years. When viewed in combination with the factors surrounding succession, this statistic truly represents the importance of the succession process not only within the firm, but also on a macroeconomic level_family_owned businesses have served as the backbone of society since the times of the ancient Greeks.