Evan Davis and guests Harriet Green, chief executive of Premier Farnell, Chris Hyman, chief executive of Serco, and Jens Hofma, chief executive of Pizza Hut UK discuss succession planning. Is there an ideal time to choose who is going to take over from you, or is it better to hang on until you're pushed? While North Korea's political succession seems clear, the premiers of most countries seem to struggle to pass on the mantle of power. Evan finds out from his panel whether businesses can do handovers any better than politicians.
He also asks Jens Hofma whether size matters. Can big ever be too big? In this recession, should companies become leaner and meaner to survive the bad times?