Plan for succession, businesses urged after tycoon's death

ABS-CBN News

Posted at Nov 12 2019 11:06 AM

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No more than a third of family-owned businesses in the Philippines have a succession plan in place, says Eric Soriano, executive director of consulting firm Wong and Berstein Group. The recent death of tycoons should serve as a wake-up call for entrepreneurs to prepare the next generation of leaders, he tells ANC.