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Research finds that major changes in companies are usually initiated by a strong chief executive who has occupied the position for many years.

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The statement is "False".

The truth of the matter is that an external successor acquired to supplant a CEO who was forced out can start significant changes in organizations and companies. Building up an incredible successor is a standout among the most imperative achievements for a CEO, or any senior-level official.


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User RayViljoen
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