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Failure Stage
A phase in the lifecycle of a business or project characterized by a significant decline in performance, potentially leading to cessation of operations.
Failure Rate
The proportion or frequency at which an event, such as an error or breakdown, occurs within a specific period or among a specified set of entities.
Strategic Leadership
Leadership that involves making decisions that enhance the prospects for long-term success of the organization, while maintaining financial stability.
Succession Plan
A strategy devised by organizations to identify and develop individuals to fill key leadership positions in the future, ensuring continuity and minimizing disruptions.
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