Understanding succession planning as a combating strategy for turnover intentions

Abstract

Purpose Considerable research has linked leaders’ development practices to employee performance, but little research has concentrated on how succession planning minimizes the turnover intentions. The purpose of this paper is to investigate the impact of succession planning on turnover intentions among banking professionals. Moreover, the authors examine whether succession planning enhances the employee job security and creates career attitude that mitigates the risk of employee turnover intentions. Design/methodology/approach Using the survey method, the authors recruited permanent employees of retail banking and the proposed model and structural relationships were tested via structural equation modeling. Findings The findings depict that succession planning provides job security and creates positive career attitude which in turn mitigate the turnover intentions among banks employees. Practical implications The present study helps the bank management to formulate a strategic and proactive succession system based on job security and build a strong career attitude to discourage the turnover intentions among banks employees. Moreover, the outcome supports the management of banks in case of the sudden resignation of a bank employee; they will be in a position to appoint a resourceful employee immediately on the vacant post to provide excellent customer services. Originality/value The current study successfully developed an empirical relationship between succession planning and turnover intentions which was skipped in the literature on human resource development. Furthermore, this study offers an important mediation mechanism for job security and career attitude for mitigating the turnover intentions among banks employees through succession planning.

Linking succession planning to employee performance: The mediating roles of career development and performance appraisal

“…Webb, Diamond-Wells, and Jeffs (2017) stated that succession planning improves the professional development of employees, which in turn enhances their performance. Ali and Mehreen (2018) investigated the association between succession planning and turnover intentions in banking employees and found that succession planning significantly minimized turnover intentions. Perrenoud and Sullivan (2017) found that succession planning improved employee satisfaction, and Munro (2017) stated that succession planning had become a critical driver of organizational and leader renewal.…”

Pengaruh Succession Planning, Transformational Leadership, Training Satisfaction Terhadap Turnover Intention Karyawan Pada Sektor Publik Kementerian Agama Jakarta Pusat

“…Davenport et al, (2012), mengungkapkan bahwa succession planning memainkan peran penting untuk dapat meningkatkan retensi karyawan sehingga tingkat turnover karyawan menjadi lebih rendah. Ali & Mehreen, (2019), succession planning meningkatkan loyalitas karyawan, keterlibatan karyawan, dan yang terpenting dapat mengembangkan individu yang terampil dan berbakat dalam organisasi. Reeves, (2010), succession planning berperan dalam memastikan bahwa kesuksesan organisasi akan berlanjut meski individu atau pemimpin yang saat ini terlibat sudah tidak ada.…”

“…(Z. Ali & Mehreen, 2019;Davenport et al, 2012;Govender, 2010;Mehrabani & Mohamad, 2011;Nissan & Eder, 1995). Ali, Omar, & Amin, (2013) menemukan bahwa penilaian kinerja (performance appraisal) dan perencanaan suksesi (succession planning) secara signifikan terkait dengan kinerja karyawan.…”

“…Jenis penelitian yang dilakukan adalah metode kuantitatif. Variabel succession planning diukur dengan menggunakan 4 item pernyataan yang diadaptasi dari penelitian yang dilakukan oleh Ali & Mehreen, (2019). Kemudian variabel transformational leadership diukur dengan menggunakan 15 item pernyataan yang dikembangkan dari penelitian yang dilakukan oleh Gyensare et al, (2016).…”

“…diterima artinya terdapat pengaruh negatif succession planning terhadap turnover intentions karyawan pada Kementerian Agama Jakarta Pusat. Hasil dari penelitian ini didukung penelitian sebelumnya yang dilakukan oleh Ali & Mehreen, (2019), menganalisis 239 karyawan pada bank komersial dari sebuah kota besar di Pakistan. Memahami succession planning sebagai suatu strategi yang dapat memerangi turnover intention karyawan.…”