Impact of Succession Planning on the Productivity of a Firm

In the past, some organizations had various managerial levels and their leaders spent a lot of time in different strategic activities including mentoring, training, and improvement. Most employees expected to work for their employer for a long time despite providing long term distinguished services. Thereafter, the employees would be able to achieve the same status as management trainees. Since the employees have ample time on their hands, supervisors can effectively see the direct reports concerning all areas of the workplace. In addition, they can assist in guiding employees with the right resources that will enable them to have exemplarily careers in the future (Reeb, 2005). Therefore, it is recommended that all supervisors ensure that they help identify future leaders. The focus on succession planning lasted in some organizations in the 1970’s, and in the 1980’s. Most of the executives who were prominent at the time are now about to retire. Also, as many as half of the senior government officials in America are set to retire (Richtel, 2010). This also includes top executives working in some of the fortune 500 companies. During the World Trade Center bombing, 172 corporate executives in various companies lost their lives. This means that the work force is greatly affected when talent is lost.


This study will focus on finding out how a firm’s productivity is affected by succession planning. The world economy is growing at an extremely fast rate and thus the reason why its industries are booming. This study will attempt to make an effort to measure the processes related to succession planning upon a firm’s productivity. Furthermore, recommendations will be made in order to improve organizational performance and succession planning. The study will be based upon statistical data obtained from business firms. An extensive literature review on succession planning and the impact it has on a firm’s productivity will be conducted. The study will formulate a conceptual framework about the research topic. Lastly, the study will attempt to answer the following research questions:

  1. How does succession planning affect the overall performance of a firm?
  2. When is the right time to introduce potential leaders to succession planning?
  3. What needs to be done to ensure that succession planning is successful?


In the four decades that have passed, there has been a managerial revolution that significantly impacted planning. Some of the enterprises affected by succession planning include educational institutions, governments, and businesses. Succession planning is quite vital according to evidence and emphasis by many researchers. For example, in the past, production managers found out that without prior planning, mistakes showed up shortly after or while working on projects. This means that certain projects halted because of the absence or misfit of needed components (Stoner, 1982).

Succession planning dates back to the 1940’s after being conceptualized by Goetz. He believed that planning involved choosing options that would deal with problems that were likely to arise. An alternative solution or action exists in matters that concern succession planning. There is a direct relationship between decision-making and succession planning. It is therefore recommended that planning is done in advance and be conducted by the right people at the right time. This means that the right alternatives have to be chosen, as it will influence future actions. Departmental goals will be effectively achieved because they are included in the advanced planning process. Succession planning considers the future environments’ nature whereby planning actions and decisions will operate.

Human productivity is a key issue in the field of business as people are responsible for success in any business venture. Human beings are judged upon the quantity and quality of their work input. It is thus conclusive to claim that productivity is concerned with efficiency and effectiveness (Hirsh, 2011). A management theory founding father, Peter Drucker (2003), claimed that in order for success to be achieved, effectiveness has to exist. Doing things that are right is associated with effectiveness whereas efficiency deals with doing things the right way.

In today’s global organizations, there are quite a number of initiatives based on leadership development. This is known to be an important part of any successful corporate strategy. In a leadership study conducted by Hewitt Associates, a Global Human Resources company, information concerning succession planning was obtained. The study established that in the top twenty leading companies in the world, 91 percent of them had a way of identifying leaders. This is compared to the rest, which had only a 61 percent success rate of identifying leaders. In addition, 82 percent of the world’s top organizations have mentoring programs unlike others included in the list. In fact, IBM leads as it has eleven leadership competencies at the various management levels (Avanesh, 2011).

The employees who possess leadership abilities and work at IBM are assessed based upon certain competencies. They are then considered when succession planning is taking place in the organization. Secondly, Microsoft came second as it attracts rare talent and potential leaders are identified during the hiring stage. Potential leaders subsequently endure a grooming process so that they can take up leadership positions in the future. Cutting Edge, an American research firm dealing in business, had a report concerning succession planning (Avanesh, 2011). It found out that majority of companies have succession plans, but few of them fail to follow through with the implementation requirements. It is estimated that as a result of succession planning, as much as 70 percent of all succession plans fail.

Charles Sawyer (2006) has raised some issues concerning succession planning on a firm’s productivity. The depth at which formal succession plans are part of a firm is yet to be established. Today, crisis management is used in the selection of leaders in various organizations. Organizations continue to fail to have succession plans and even resources to be used in the implementation of succession plans. Leadership development and succession planning do not have the adequate focus that middle level managers need (Chirico, 2008). The two strategies have to be urgently considered with special emphasis on middle-level managers.


The study in this research will be quantitative and descriptive in nature. The aim of using quantitative data is mainly to succeed in fact finding. In order to collect the required data, a questionnaire method will be adapted (Amaratunga & Baldry & Sarshar & Newton, 2002). The questionnaire method is viable as a method of data collection since it allows the respondents to give feedback to specially designed questions that are releveant for the research. The sources of data will be secondary data and primary data. The primary data will be collected from the filled questionnaires that the Project Leaders in the various respondent units provide. The secondary data will be collected from the internet, previous research, magazines, journals and books.




Amaratunga, D. & Baldry, D. & Sarshar, M. & Newton, R. (2002). Quantitative and qualitativeresearch in the built environment, Work Study, 51, 1.

Avanesh, Neetha. (2011). A Study on Succession Planning and its Impact on Organizational Performance in the IT Sector. International Refereed Research Journal, 2, 1, 2231-4172.

Chirico, Francesco. (2008). Knowledge Accumulation in Family Firms: Evidence from Four Case Studies International Small Business Journal August, 26, 1, 433-462.

Drucker, P. (2003). The Theory and Practice of Management, a broader perspective. New York: New York Press.

Gabrielsson, Jonas. (2007). Boards of Directors and Entrepreneurial Posture in Medium-size Companies: Putting the Board Demography Approach to a Test International Small Business Journal, 25, 1, 511-537.

Hirsh, Wendy. (2011). Succession Planning: Current Practice and Future Issues. International Journal of Career Management, 3, 2, 345-367.

Reeb, William. (2005). Securing the Future: Building a Succession Plan for Your Firm. New York: AICPA.

Richtel, Matt. (2010).“Growing Up Digital, Wired for Distraction.”  Retrieved from The New York Times.

Sawyer, Charles. (2006). Beyond Leadership: Approaches to Comprehensive Succession Planning. New York: Pearson.

Stoner, J. (1982). Management and Planning, a broader perspective. New Jersey: Prentice Hall Publication limited.


Get Professional Assignment Help Cheaply

Buy Custom Essay

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

Online Academic Help With Different Subjects


Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.


Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.

Computer science

Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!


While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.


Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.


In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.


Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.


We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!


We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.


Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.

What discipline/subjects do you deal in?

We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.

Are your writers competent enough to handle my paper?

Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.

What if I don’t like the paper?

There is a very low likelihood that you won’t like the paper.

Reasons being:

  • When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
  • We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.

In the event that you don’t like your paper:

  • The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
  • We will have a different writer write the paper from scratch.
  • Last resort, if the above does not work, we will refund your money.

Will the professor find out I didn’t write the paper myself?

Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.

What if the paper is plagiarized?

We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.

When will I get my paper?

You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.

Will anyone find out that I used your services?

We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.

How our Assignment  Help Service Works

1.      Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2.      Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3.      Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4.      Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

smile and order essaysmile and order essay PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!

order custom essay paper