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Title: Succession planning and staff retention challenges : an industrial outlook and major risks
Authors: Maphisa, Sindisiwe Bonisile 
Zwane, Bonginkosi Keith
Nyide, Celani John
Keywords: Emerging Economy;Staff Retention;Succession Planning;Sugar Manufacturing Industry
Issue Date: 2017
Publisher: Virtus Interpress
Source: Maphisa, S.B. et al. 2017. Succession planning and staff retention challenges : an industrial outlook and major risks. Risk Governance and Control : Financial Markets and Institutions. 7( 3): 17-26. doi:10.22495/rgcv7i3p2
Journal: Risk Governance and Control : Financial Markets and Institutions 
The sugar manufacturing industry in the emerging economy is potentially at high risk of not achieving its goals of increasing production output. This is due to higher than average age of growers, nonexistence of effective succession planning to expedite the transition to a new generation of growers, related increasing departure of farmers from the industry and difficulty in attracting new talent to the industry due to the high cost of entry. This research sought to explore managements’ perceptions of succession planning and the impact it has on retention at a Sugar Manufacturing Company. In order to achieve the research aim and objectives, a qualitative approach was utilised in the form of an exploratory case study. A single case study was also chosen because this is a critical, unique and revelatory case and the researchers had access to the case previously inaccessible to empirical research. Purposive sampling was used and total of 15 managers participated in this study. The study found that the company is not doing enough to implement succession planning programmes even though there are potential candidates who can be trained and developed into management positions.
ISSN: 2077-429X
2077-4303 (Online)
DOI: 10.22495/rgcv7i3p2
Appears in Collections:Research Publications (Management Sciences)

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