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Succession planning is a critical linchpin in building the bench strength of a business into a positive long-term future, as well as a key element of business risk management. A pennysaver mentality for proposals leads to cutting out the all-important capture activities, overworking and burning out staff, and deciding to save a few thousand dollars at the end to cut corners on a bid that could have won if the company hadn’t scrooged on the last few touches that could have taken the proposal from green to blue. An OD manager can also serve as advisor to utilize organizational methodologies and tools.

Businesses also seek help from external incubator firms , business development companies (BDC) and small business development centers (SBDC) However, these entities assist in business establishment and the necessary fine-tuning only during the early stages of business setup. In this example, business development or Alliance is responsible for …