THE IMPACT OF SUCCESSION PLANNING FOR BUSINESS SURVIVAL: A CASE OF KWALITA BUSINESS CONSULTANTS, JOHANNESBURG (SOUTH AFRICA)

Abstract

Succession planning is a subject that is not widely discussed in many organizations because of its sensitivity. Ignoring open discussions has been one of the biggest challenges facing contemporary organizations such as Kwalita Business Consultants. This study investigated succession planning practices at Kwalita Business Consultants. The significance of the study was that Kwalita Business Consultants management and employees were not aware of the importance of succession planning. This created awareness and motivation in all employees to take a keen interest in the subject.