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Succession planning in SMEs

Abdullah, Moha Asri and Hashim, Junaidah and Hamid, Zarinah and Abd Ghadas, Zuhairah Ariff and Amin, Md. Fouad (2012) Succession planning in SMEs. IIUM Press, Kuala Lumpur. ISBN 9789670225135

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Abstract

The essence of succession planning is crucial to any businesses, big or small, old or new, modern or traditional businesses. This is especially so among small and medium enterprises (SMEs) as they cannot afford to withstand any major setback for continuity and sustainability in, both developing and developed countries alike. Malaysia is not exceptional to this. This simple book focuses on succession planning in family-owned retailing and manufacturing businesses of East Coast Economic Region (ECER) in Malaysia. This book attempts to delineate three succession issues in family businesses i.e., succession dilemma, successor attributes and succession plan. This book argues that to a certain extent, SME owners face some dilemmas while various factors such as business challenges, managerial capabilities, trustworthiness, loyalty, flexibility etc. are related to succession attributes.

Item Type: Book
Additional Information: 728/28011
Uncontrolled Keywords: SMEs, planning
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD72 Economic growth, development, planning
H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5381 Vocational guidance. Career development
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User: Dr. Zarinah Hamid
Date Deposited: 02 Jan 2013 15:33
Last Modified: 20 May 2014 10:14
URI: http://irep.iium.edu.my/id/eprint/28011

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