EXECUTIVE SUCCESSION AND ORGANIZATIONAL PERFORMANCE IN SELECTED TRANSNATIONAL COMPANIES IN SOUTHERN NIGERIA

📄 Project Abstract

Change is endemic in all organizations. One area of organizational change is executive succession. All organizations, including business organizations, that have historical pasts, experience executive changes at one time or the other because while individuals come and go, the organizations in which they have found themselves, in whatever capacity, remain. Unlike the start-up companies that have only experienced initial selection of top management staff and have no history of succession and succession planning, all companies that are going concerns do the selection of their top management staff within the context of choosing a successor. However, one of the things that should actually be of interest to one with a discerning mind as these changes take place is to examine the mode of entry of new and exit of old top management staff; the reason being that some of such successions have been done in smooth seamless transition, while others have been quite schismic, cataclysmic and catastrop...