UNDERSTANDING THE EFFECT OF SUCCESSING PLANNING ON ORGANIZATIONAL SURVIVAL IN CORPORATE FIRMS IN RIVERS STATE
Authors:
Nwachukwu, Precious Ikechukwu, Kuromiema, Minabere. I, Amy, Jude-peters & Obisanma, Olatunde. A
Abstract:
This paper investigated the effect of succession planning on organizational survival in corporate firms in rivers state. The study used a structured questionnaire to obtain data from 158 employees of the different organizations under the study. Statistical package for social sciences (SPSS) version 23.0 was utilized for data analysis. Findings from the study revealed that the effectiveness of an organization and its survival in a competitive environment depends on how strategically a firm develop, place and position their key staff to meet certain challenges in a key position in the organization. It was recommended among others that effort should be made by management to early spot out key employees in the organization and provides hem/her necessary skills, resources, motivation etc that will facilitate his/ her leadership process.