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Facilitating The Separation
In
project managing the separation,
key steps will include clearly
defining
asset ownership, identifying
and allocating liabilities
and contingencies and arranging
arm's length agreements for
transitional services,
in addition to many people
and operational issues. Management
will need to implement the
change process at the same
time as running the business.
Effective corporate governance
and internal
procedures should also be
in place to control the business
risks the company will face
as a separate operation.
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