Transferring ownership

Description

Transferring ownership involves the deliberate process of shifting legal rights, responsibilities, and control of assets, organizations, or initiatives from one party to another. This strategy aims to ensure continuity, improve management, resolve disputes, or empower new stakeholders. By clarifying accountability and enabling more effective stewardship, transferring ownership can remedy issues such as mismanagement, lack of local engagement, or inefficiency, fostering sustainable development and more responsive governance in various contexts.