EFFECTS OF SUCCESSION PLANNING ON THE GROWTH OF BUSINESS ORGANIZATIONS (A STUDY OF SEVEN UP BOTTLING COMPANY PLC, ABA)
Abstract
Abstract
Succession planning has become an essential strategy for ensuring the sustainability and long-term growth of business organizations, especially in dynamic and competitive environments. This study investigates the effects of succession planning on the growth of business organizations, focusing on Seven Up Bottling Company Plc, Aba.
The research examines how structured succession strategies contribute to leadership continuity, operational efficiency, employee motivation, and overall organizational performance. A descriptive research design was adopted, and data were collected through questionnaires and interviews with staff across different levels of the organization.
Findings reveal that effective succession planning significantly enhances organizational growth by reducing disruptions during leadership transitions, improving employee engagement, and fostering talent development. However, challenges such as inadequate implementation frameworks and lack of awareness were also identified.
The study concludes that succession planning is a critical driver of sustainable growth and recommends that organizations institutionalize structured succession policies, invest in leadership development programs, and ensure transparency in talent identification processes.
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