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Develop the ultimate software applications

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Hi Tech Corp is a company created by the next generation of Bill Gates clones. They had succeeded in attracting the best and brightest to help them build a billion-dollar company to develop the ultimate software applications. On Tuesday, October 10, the entire design team announced they were quitting to start a rival company and recapture that entrepreneurial culture of the early years. Could succession management have mitigated the impact on the organization of any of these situations? If yes, explain the specific steps you would have taken to mitigate the seriousness of the consequences.

Reference no: EM133028378

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