Effect of Management Succession on Organizational Performance: A Study of PZ. Cusson Plc. Aba, Abia State

Abstract

The main objective of the study is to examine the effect of management
succession on organizational performance with reference to PZ Cussons Plc. Aba, Abia State.
Descriptive survey research design was adopted using ANOVA and percentage table. The
sample size was 178. The findings indicated that: i) there is a positive and significant relationship
between leadership transition and organizational performance of PZ Cussons Plc. Aba, Abia state.
ii) there is a positive and significant relationship between strategic planning and organizational
performance of PZ Cussons Plc. Aba, Abia State. The study concludes that; institutional growth
is a key component of organization performance. It is the case in this study that, indeed
succession planning contributes positively to institutional growth based on teamwork where
work teams frequently review and evaluate processes, incidents, decisions, and innovations to
derive as much learning as they can from both success and failure through performance appraisal
and promoting committed employees in the organization for growth and development as well as
career development within the organization. Based on the findings, the study recommends
among other, that; PZ Cussons plc. Aba should ensure that their leader/manager adopts a
participatory strategic plan toward succession to promote employee participation and encourage
target setting in the organization.