Succession

(redirected from succeed)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Succession

The rules of or process by which a person goes about filling a role previously held by another person. In estates, succession determines who owns the property of the decedent, with everything going to the next of kin in the absence of a will. In business, succession is the process by which one employee, especially a major executive like the CEO, is replaced by another person. In determining succession, a board of directors ought to exercise caution to ensure that an executive is not only competent, but also does not bring any conflicts of interest to the company.
References in periodicals archive ?
Andre Becker, President, Regional Functions North America, BASF Corporation, Florham Park, New Jersey, will succeed Hapke effective March 1, 2016.
What remains unclear is what factors of SES determine if students will succeed or not.
Zoch sagely warns: "Students must learn to create their own success and to succeed despite inimical circumstances, for the simple reason that the circumstances of life will never be optimal.
Henderson says her desire to succeed in the industry began in 1997 when a flyer announcing the creation of the co-operative was placed in her mailbox.
40 cubic meters of cargo space and the Succeed has 2.
Title: Lead to Succeed Author: Colin Turner Published by: Texere Publishing Limited ISBN: 1-58799-124-1 Price: GBP8.
He will succeed Guenther Gose, who will retire in mid-2002.
If you have decided that now is the time to start learning and you have figured out that you need an education to succeed in life, community college is waiting for you.
Structure your content for results: what business we're in; who our competitors are; what our customers think about us and their expectations; how we make money; how we measure performance; financial goals we must achieve to succeed.
Their reality is that it takes all of one's effort to succeed in school, much less to think about the future.
A claimant hoping to establish an entitlement to succeed to a rent regulated tenancy must, in addition to proving the requisite relationship to the tenant (by blood, marriage or financial and emotional inter-dependence), establish the requisite co-occupancy in the apartment with the tenant; generally, two years prior to the permanent vacating from the apartment by the prime tenant.