International Journal of Economics and Business Administration
Articles Information
International Journal of Economics and Business Administration, Vol.6, No.2, Jun. 2020, Pub. Date: Apr. 29, 2020
Management Succession Planning and Its Effect on Organizational Sustainability
Pages: 30-41 Views: 1239 Downloads: 1709
Authors
[01] John Nkeobuna Nnah Ugoani, Department of Management Sciences, College of Management and Social Sciences, Rhema University, Aba, Nigeria.
Abstract
Effective organizational leadership provides the framework for management succession planning which is important for organizational sustainability. Sound strategic human resource management activities including management development, career development, talent development, leadership development are among the components that promote effective management succession planning. Manpower analysis is a component of effective management succession planning which is relevant so as to categorize organizational manpower within the levels of cash cows, dead enders and stars. This categorization is not immodest but a bold attempt to identify the stars and motivate them for long-term organizational leadership and sustainability. The learning organization is imperative now more than ever before because it is a place where organizational people develop the capacity to create the future they desire for themselves and their organizations. It provides the opportunity and creates a healthy environment for establishing succession consciousness necessary for organizational sustainability. The exploratory research design was used for the study. Data collected were filtered, analyzed and the result showed a positive association between management succession planning and organizational sustainability. The study was limited in terms of current relevant literature and scope, therefore, further study is required in the areas of organizational leadership and sustainability. It was suggested that management succession planning should not be a search for the best person to lead the organization but for the exceptional person who will be motivated to provide the type of organizational leadership required for organizational sustainability.
Keywords
Organizational Leadership, Learning Organization, Exceptional Person, Stars, Organizational Survival, Empowering Leadership
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