Journal of Emerging Trends in Economics and Management Sciences: Home

Article Title:
Succession Planning Strategy and Organizational Continuity of Food and Beverage Companies in Anambra State
by Oyakhire Victor Alaba

Abstract:
The study examined the effect of succession planning strategy and organizational continuity of food and beverage companies in Anambra state. Two research objectives, two research questions and two hypotheses were developed in line with the overall research objective. The study employed a cross sectional survey design. The primary source of data was used for this study. One hundred and twenty questionnaires were administered, while one hundred and eight questionnaires were retrieved. The sample respondents were made up of directors, managing director and senior staff from the 36 foods and beverage companies in Anambra State. Descriptive statistical tool was used to analyze the data. Pearson moment correlation coefficient was adopted to test the hypotheses. The findings revealed that mentoring and managerial development has a positive relationship on organizational continuity. In light of these findings, it was imperative for the researcher to recommend that management of organizations should put policies measures in place to ensure that management mentors their subordinates, and employers should ensure that there are adequate training and development programmes for their employees.

Keywords: Mentoring, Managerial Development, Continuity, Succession, Planning, Organizational Continuity, Relay Succession

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