Career Partners International Presents Leadership Succession Planning for Asian Businesses at SHRM Conference in Chicago

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CPI Board Member, Anthony Raja Devadoss, will discuss cultural impacts, common roadblocks, effective design, and implementation strategies for transitioning into second and third generation family-controlled conglomerates in Asia.

Mr. Anthony Raja Devadoss, SHRM-SCP, SPHRi serves as Managing Director and Regional Head of APAC at PERSOLKELLY Consulting, a member of Career Partners International. Mr. Devadoss previously served as VP of APAC with KellyOCG. He holds memberships in various local and international associations such as MIM, Human Capital Institute, and is a chapter board member of the HROA APAC. He has received his bachelor’s degree in Science, MBA in Marketing, and a postgraduate diploma in Computing.

Wealth transfer and wealth preservation are critical topics for discussion on a global basis. In Asia, succession planning has been ranked among the most important issues faced by family-controlled business, with over $16 trillion of wealth to be passed onto future generations in the next three decades. According to the Family Business Institute, only 30% of family-owned businesses last into the second generation, with 12% remaining viable into the third generation. Proper succession planning is essential to ensuring continued growth of family-owned businesses.

“Managing the complexities of succession planning isn’t just about transferring assets, though that can be complicated enough with business structures that cross national and international borders. There are also convoluted inheritance laws and regulations, in addition to entangled family structures, that can be challenging to unpack. Having a thorough plan in place that can be executed with precision when necessary can help parties avoid conflict, legal battles, asset depletion, and many unfavorable situations,” explains Mr. Devadoss.

Mr. Devadoss will be presenting at the SHRM Conference in Chicago on Monday, June 18th, 2018 from 2 PM to 3:15 PM. Attendance qualifies for 1.25 SHRM PDC’s.

About Career Partners International Ltd.

Career Partners International was founded in 1987 and is one of the largest consultancies in the world. With 354 offices in over 54 countries, Career Partners International is a leading provider of outplacement, career management, executive coaching, and leadership development services to clients and their employees worldwide.

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Luke Johnson
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