Please watch the following video on succession planning at Virgin: https://www.youtube.com/watch?v=o3xkMS-lf0Y

 Than answer 2 questions below.

1. Why is succession planning so important for Virgin? Explain.

 2. Based on the video, what steps has Virgin taken to ensure a smooth transition to new leadership? Do you believe that this is a good model that can be used at other organizations? Explain your answer