leadership transition
📖 Definitions
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The process of transferring leadership responsibilities and authority from one individual or group to another, typically within an organization, government, or company.; A specific period during which an organization undergoes a change in its top executive or governing body.; The act or instance of replacing a leader with a new one, often involving handover procedures and continuity planning.
💬 Examples
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The board announced a smooth leadership transition following the CEO's retirement.
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During the leadership transition, the company maintained its strategic direction without interruption.
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The outgoing president emphasized the importance of a peaceful leadership transition for national stability.