Michael Paik is Executive Vice President for Legal, Trade and Risk Management at SeAH Holdings, a Korea-based group of specialty steel companies. Below Michael shares his thoughts on how to successfully create and carry out a succession plan. 

My younger brother is an HR executive, and he has always advised me that succession planning is Job 1 on Day 1, as dealing with this issue will also help in framing one’s own work on an ongoing basis.

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