He is first in
succession to the throne in this country.
他是这个国家的第一位王位继承人。
She was late for work three times in
succession.
她连续三次上班迟到。
A
succession of visitors came to our shop.
一连串的客人来到我们商店。
The succession plan comes after Alibaba said in March that it would split its business into six main units, with each separate business having the flexibility to raise outside capital and seek its own initial public offering, the most significant organizational change to the company in its 24-year history.
此前，阿里巴巴在3月份表示，将把业务拆分为六个主要部门，每个独立的部门都可以灵活地筹集外部资金并寻求自己的首次公开募股，这是该公司24年历史上最重大的组织变革。
In succession to the four products over the past few years, the industry giant released on Monday a bond-based product for Chinese mainland investors.
继过去几年的四款产品之后，这家行业巨头于周一发布了一款面向中国大陆投资者的债券产品。
Five varieties of products of the three existing product lines, namely the power steering motors, NEV electric compressors and drive motors, have been tested and mass produced in succession, the company said.
该公司表示，现有三条产品线中的五个品种的产品，即动力转向电机、新能源电动压缩机和驱动电机，已经相继进行了测试和量产。
Alibaba said the personnel change is part of its well contemplated succession plan.
阿里巴巴表示，人事变动是其深思熟虑的继任计划的一部分。
The process of passing the baton in a family business can be tangibly affected by a CEO's "temporal focus" (that is, the extent to which the CEO focuses on the past, present and future concerns of the company) when engaged in succession planning.
Recent estimates suggest that around 75 percent of family businesses in China will undergo succession within the next five to 10 years.
This makes the process of planning for succession more important than ever, especially when you consider the unprecedented volatility and uncertainty that China and the rest of the world experienced throughout 2020.
Comprehensive succession planning is the deliberate, considered and formal transfer of management control from one family member to another.
If the succession planning process is disrupted in any way, it can lead to repeated or indefinite postponement, usually putting present and future business prospects at risk.
There are plenty of specific challenges that have been identified in existing literature on succession planning.
Various types of financial constraints are another major challenge, because the CEO(and the rest of the family members involved in the business) may direct their energies toward solving such a pressing issue, rather than planning for the succession.
For any Chinese family-held business, the question of succession is a compelling and often time-sensitive one.
In addressing this shortcoming, a recent study undertaken by researchers at Shanghai University, IE Business School and China Europe International Business School examined the effects of a CEO's "temporal focus" (to what extent CEOs focus on past, present and future concerns of the company) on the process of succession planning.
As part of our research, we analyzed the succession planning efforts of 198 CEOs of family businesses in China, along with data from 15 semi-structured interviews.
First, we found that a CEO's temporal focus－whether it is more strongly past-, present- or future-oriented－can positively influence succession planning in different ways.
Specifically, we found that a CEO's "past focus" can be essential in producing viable succession plans by calling on their past entrepreneurial experience and knowledge to develop the company's long-term vision.
By comparison, a "present focus" may help CEOs nearing retirement age recognize the urgency of succession planning, rather than remaining too preoccupied with the immediate business needs of the day.
Understandably, a CEO who considers the future will be more naturally inclined to factor in the career development opportunities of their children and to think strategically about how their succession will benefit the family firm.
The second significant finding of our research is that family interactions can strengthen the relationship between a CEO's past focus and succession planning, while weakening its relationship with the CEO's present and future focuses.
In short, when it comes to family interactions, the more frequent and high-quality they are, the more beneficial they will be for the succession planning process.
This can manifest in many different ways, from potential successors being more willing to learn from CEOs' experience, to enlarging the pool of viable successor candidates, reducing familial infighting over the succession, and generally creating a more harmonious environment for knowledge transfer and the strategic consideration of who is the most suitable candidate for the job.
Better family interactions can even help foster agreement on important succession issues.
Therefore, as well as helping the succession planning process go smoothly, closer family interactions also improve the chances that such plans will hold firm when the moment arrives.
Finally, our study suggests that environmental uncertainty encourages past-focused CEOs to plan for succession, whereas they might not feel the need to do so in more stable and predictable times.
Regarding this moderating effect of environmental uncertainty, we have found that past-focused CEOs are more likely to consider succession planning when their current business environment is undergoing rapid change or is otherwise unpredictable.
Accordingly, it may prove beneficial for past-focused CEOs to carefully consider their approach to succession planning, regardless of how predictable or stable their business operating environment may be.
In addition to the points already discussed here, our study found that CEOs can (and do) hold different temporal focuses simultaneously, potentially combining their benefits regarding succession planning.
Ultimately, rather than waiting for turbulent times to shock them into action regarding the question of succession, CEOs of Chinese family firms should view comprehensive succession planning as an unavoidable necessity, one that presents both tangible long-term benefits for both their families and companies, and equally appreciable risks if postponed or ignored.
Roche has seen strong performance this year and it is the third year in succession that the company has lifted its outlook for growth.
The designation and subsequent activation of the succession procedure must be completed by October 2022.
It is the first time Ma talked about his succession plan since his announcement he would step down as Alibaba's chairman in a year.
"But no one can be a CEO for 102 years, thus we need a succession system with multiple potential leaders," he said.
Alicia Yap, an analyst at Citigroup Global Markets, said the succession plan announcement makes sense, and it "should also give investors confidence that the company is thinking ahead and wanting to ensure a smooth transition".
Ma has been preparing for this succession plan for 10 years.
Alibaba created a partnership then to provide solutions for company creativity, leader succession and culture succession issues.
"We can only solve the problem of enterprise succession and development by setting up a system and forming a unique culture and cultivate talent as potential successors," Ma said in the open letter.
Alibaba Group Holding Ltd's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.
Fonterra says that its board and Spierings had formally commenced succession discussions last year, ruling out connections between the decision and the cooperatives' NZ$348 million ($250 million) loss after tax in the first half results ending January 31.
"It is an honor for Huawei to receive this award for the second year in succession as it confirms our strategy to attract and retain talent is on the right track," said Tony Jin Yong, CEO of Huawei Spain.
"Russel Reynolds Associates specializes in assessment, recruitment and succession planning for CEOs, boards of directors and key roles within executive suites.
These gaps called for succession planning and mapping sustainable leadership relations as well as managing and working with non-family executives to boost growth and expansion, said the New York-based Murphy.
The following year, G20 leaders held two additional summits in quick succession, reaching an important consensus on promoting global economic recovery and opposing protectionism.
But the recent turmoil in the global stock market, especially price declines in the commercial banking sector and turmoil at Credit Suisse, have led to concerns over a reduced risk appetite among global investors, and new financial turmoil and risks in succession.
We are going to publish the excellent works of "My CIIE Story" in succession.
From today on, this supplement will publish the excellent works of "My CIIE Story" in succession.
The State Council approved the establishment of the park in 2017 and the park's five major sections began construction in succession around 2018.
"China's per-capita GDP has surpassed $10,000, and the country boasts a large affluent population, such as enterprise owners who have a demand for wealth management and succession," he said.
Seamless down jackets, which prevent slippage of down feathers from inside the jacket, and polar fleece jackets, found pride of place for weeks in succession.
Meanwhile, China's port cargo throughput and container throughput have both ranked first in the world for several years in succession.
Considering that those measures were released in quick succession, Zheng predicted that new influential policies are likely to be introduced in the future.
Consumers would wait in front of their computers for long hours just to click "buy" several times in quick succession over a period of four days to March 3.
"I believe that China's fashion industry will see a transformation, a succession between the old and the new, with many new brands being born in the process and many old brands struggling to adapt.
"The succession announcement was broadcast on a webcast through the automaker's Toyota Times channel in what looked more like a stilted talk show with a host rather than a formal corporate announcement.
Philip Craven, a Toyota director, said in a recorded video statement that the board had reviewed and approved the succession plan put forward by Toyoda and the outgoing chairman, Takeshi Uchiyamada.
"Last year, the number of vehicles from SAIC Motor sold overseas achieved a year-on-year increase of more than 62 percent, a national first in whole-vehicle exports for three years in succession," Lei said.
Dealing well with multiple starts in succession and maintaining a powerful performance, the Mission E is said to be able to handle track driving.
Although the drivers of the Chinese A-share market rally — small-caps, large-caps, chipmakers and, today, engineering and construction stocks — have been changing in quick succession over the past few months, the market remains solid and fairly insulated from external volatility as the ongoing economic recovery will likely sustain the bull run this year, equity pundits said.
The launch of the Financial Stability Fund and the introduction of fiscal resources in succession will help stabilize economic growth and alleviate in a precise way the negative impact exerted by internal and external markets on the financial system.
Based on past experiences, the reserve requirement ratio will be lowered in succession to the MLF and LPR cuts to further release liquidity into the market, Huang said.
Pan Gongsheng, vice-governor of the People's Bank of China, said on Saturday that some international bond index suppliers have included Chinese bonds into the major indexes in succession, which "can reflect international investors' confidence in the long-term and healthy development of Chinese economy, as well as their recognition of the opening of China's financial market".
Behind the rapidly rising demand for family offices in China is the fact numerous ultra-wealthy individuals who benefited from the country's fast economic growth are now entering their mid-50s and considering inheritance and succession planning, the report said.
Besides the risk of losing the key decision-maker with no succession plan, dual-class share structures could also expose investors to managerial misconduct risks, experts said.
But this model features team decision-making and smoother leadership succession, he said.
Industry insiders said the second step inclusion will further bring an inflow of foreign capital in succession to that which started in late May.
As China has not gone through multi-generational wealth management, whereas some other countries have gone through a lot of succession planning, estate planning and financial planning, multinational insurers can bring the expertise in their home markets to China, Kimura said.
For instance, having two children dramatically changes how a household operates, how people save money, and how people look at succession planning, which is a new concept for many Chinese people.
"How do you plan for two-children succession planning?
"With the introduction of overseas traders, overseas miners, traders and institutional investors will be involved in succession.