Abstract
All organizations have one thing in common. At a certain point, they must deal with shifts of leadership, culture, politics, decision-making, power, and strategies for improvement. Organizations with clearly developed succession plans are the most successful in this transition, regardless of the industry, business model, or type of ownership. This literature review considers theoretical foundations, research on the topic, and best practices. The chapter also illuminates strategies, tactics, and development of future leaders. A common theme of the existing literature is that a successor must be an innovative thinker who influences the organization’s high performance, competitiveness, and sustainability.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Avolio, B. J. (2007). Promoting more integrative strategies for leadership theory-building. American Psychologist, 62, 25–33. Retrieved from http://psycnet.apa.org/doiLanding?doi=10.1037%2F0003-066X.62.1.25
Bersin, J. (2012, January). 5 keys to building a learning organization. Forbes. Retrieved from https://www.forbes.com/sites/joshbersin/2012/01/18/5-keys-to-building-a-learning-organization/#497e62bb129c
Biography. (2017). Tim Cook. Retrieved from https://www.biography.com/people/tim-cook-20967297
Bolman, L. G., & Deal, T. E. (2013). Reframing organizations: Artistry, choice, and leadership (5th ed.). San Francisco: Jossey-Bass Publishers.
Church, A. H., & Rotolo, C. T. (2013). How are top companies assessing their high-potentials and senior executives? A talent management benchmark study. Consulting Psychology Journal, 65(3), 199–223. https://doi.org/10.1037/a0034381
Clutterbuck, D. (2012). The talent wave: Why succession planning fails and what to do about it. London: Kogan Page Ltd..
Collins, J. (2014). Good to great: Why some companies make the leap & others don’t. New York: HarperCollins Publishers.
Collins, S., & Collins, K. (2007, January). Succession planning and leadership development: Critical business strategies for healthcare organizations. Radiology Management, 29, 16–23. Retrieved from http://www.ahra.org/AM/Downloads/OnlineEd/2007JanuaryFebruary1.pdf
Connerstone OnDemand Company. (2016). The true cost of not having a talent management strategy. Retrieved from https://www.cornerstoneondemand.com/resources
Dessler, G. (2017). Human resource management (15th ed.). New York: Pearson.
Fox, J. (1998). How to become CEO: The rules for rising to the top of any organization. New York: Hyperion.
Gabour Atwood, C. (2007). Succession planning basics. Alexandria, VA: Association for Talent Development.
Gentry, W. (2016). Be the boss everyone wants to work for: A guide for new leaders. Greensboro, NC: Center for Creative Leadership.
González, C. (2010). Leadership, diversity, and succession planning in academia. Berkeley, CA: Berkeley Center for Studies in Higher Education. Retrieved from http://cshe.berkeley.edu/publications/leadership-diversity-and-succession-planning-academia
Harrell, E. (2016, December). Succession planning: What the research says. Harvard Business Review. Retrieved from https://hbr.org/2016/12/succession-planning-what-the-research-says
Isaacson, W. (2011). Steve Jobs. New York: Simon & Schuster, Inc..
Kouzes, J., & Posner, B. (2017). The leadership challenge: How to make extraordinary things happen in organizations (6th ed.). Hoboken, NJ: John Wiley and Sons.
Luby and Stevenson. (2016, December). 7 Tenets of a good CEO succession process. Harvard Business Review. Retrieved from https://hbr.org/2016/12/7-tenets-of-a-good-ceo-succession-process?referral=03758&cm_vc=rr_item_page.top_right
McKenna, D. (2015). The succession principle: How leaders make leaders. Eugene, OR: Cascade Books.
Northouse, P. G. (2014). Introduction to leadership: Concepts and practice (3rd ed.). Thousand Oaks, CA: Sage Publications.
Pew Research Center. (2017). Baby boomers. Retrieved from http://www.pewresearch.org/topics/baby-boomers/
Richards, T. (2017, April 20). Successful companies don’t recruit leaders. They grow their own. [Web log post]. Retrieved from http://www.impactdakota.com/blog/successful-companies-dont-recruit-leaders.-they-grow-their-own
Rothwell, W. J. (2015). Effective succession planning: Ensuring leadership continuity and building talent from within (5th ed.). New York: AMACOM.
Samsel, R. (2013, April 29). Hidden costs of poor talent strategy alignment. [Web log post]. Retrieved from http://www.esearchjobs.com/blog/hidden-costs-of-poor-talent-strategy-alignment
Stadler, A. (2009). Leadership emergence theory in the corporate context. International Journal of Leadership Studies, 5(1), 115–122. Retrieved from http://www.regent.edu/acad/global/publications/ijls/new/vol5iss1/IJLS_Vol5Is1_StadlerR.pdf
Studer, Q. (2014). Hardwiring excellence: Purpose, worthwhile work, making a difference. Gulf Breeze, FL: Fire Starter Publishing.
The Wharton School of the University of Pennsylvania. (2017). Knowledge@Wharton Online Business Analysis Journal. Retrieved from http://knowledge.wharton.upenn.edu/?s=succession+planning
Weiss, J. W. (2015). An introduction to leadership (2nd ed.). Retrieved from https://content.ashford.edu/
Yukl, G. A. (2013). Leadership in organizations (8th ed.). Upper Saddle River, NJ: Pearson.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Weisblat, I.A. (2018). Literature Review of Succession Planning Strategies and Tactics. In: Gordon, P., Overbey, J. (eds) Succession Planning. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-72532-1_2
Download citation
DOI: https://doi.org/10.1007/978-3-319-72532-1_2
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-72531-4
Online ISBN: 978-3-319-72532-1
eBook Packages: Business and ManagementBusiness and Management (R0)