A Study on the Impact of Effective Succession Planning Practices on Employee Retention of Private Business Organizations in Sri Lanka

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dc.contributor.author Poornima, W.A.D.N
dc.contributor.author Sutha, J.
dc.contributor.author Perera, K.J. T
dc.date.accessioned 2019-06-19T11:19:58Z
dc.date.available 2019-06-19T11:19:58Z
dc.date.issued 2018
dc.identifier.uri http://www.erepo.lib.uwu.ac.lk/handle/123456789/1215
dc.description.abstract In recent time business organizations have recognized an Effective Succession Planning concept as one of the key aspect of managing the employee’s retention. The research was studied about an Impact of Effective Succession Planning practices on Employee’s Retention with special reference to private business organizations in Sri Lanka. The researcher conducted a field survey and collect data across 100 middle- level managers in top ten private organizations according to the LMD report 2017. Standard version questionnaire was used as a data collecting technique and convenience sampling method was utilized to select the sample. Data analysis was done according to the research objectives by using descriptive statistics, correlation, simple regression, and multiple regression analysis with the support of SPSS 21version. According to the data analysis results, employees were almost agreed with the existing effective succession planning practices utilized in each particular organization. Performance Goal Orientation moderator was strong and positively correlates with Effective Succession Planning practices and Employees Retention. Researcher proved there is a positive impact from Effective Succession Planning practices to the Employees Retention. Management Involvement and Diversity Management are the highest and lowest contributory dimensions on employee retention respectively. Final objective resulted there is no more interaction by Performance Goal Orientation moderator to the relationship among Effective Succession Planning practices and Employee Retention. Effective succession planning practices mostly affect for the employee retention and researcher suggested managers to select a most appropriate type of succession practices in business context. The results provide various implications for fill the knowledge and empirical gap within the research context. Finally, it will contribute the top level managers and as well as future researchers in the same research area. en_US
dc.language.iso en en_US
dc.title A Study on the Impact of Effective Succession Planning Practices on Employee Retention of Private Business Organizations in Sri Lanka en_US
dc.type Article en_US

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