<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE root>
<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Public Administration</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Public Administration</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия:  Государственное и муниципальное управление</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2312-8313</issn><issn publication-format="electronic">2411-1228</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">27246</article-id><article-id pub-id-type="doi">10.22363/2312-8313-2021-8-3-256-276</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Public Administration: Theory and Practice</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Государственное управление: теория и практика</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Management Succession and Entrepreneurship Business Sustenance</article-title><trans-title-group xml:lang="ru"><trans-title>Замещение управленческих должностей и поддержание предпринимательской деятельности</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-0504-2248</contrib-id><name-alternatives><name xml:lang="en"><surname>Kowo</surname><given-names>Solomon A.</given-names></name><name xml:lang="ru"><surname>Ково</surname><given-names>Соломон Акповироро</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD, Lecturer of the Department of Business and Entrepreneurship</p></bio><bio xml:lang="ru"><p>PhD, преподаватель кафедры бизнеса и предпринимательства</p></bio><email>kowosolomon@gmail.com</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Akinrinola</surname><given-names>Olalekan O.</given-names></name><name xml:lang="ru"><surname>Акинринола</surname><given-names>Олалекан Оладипо</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD, Senior Lecturer of the Department of Accounting and Finance</p></bio><bio xml:lang="ru"><p>PhD, старший преподаватель кафедры бухгалтерского учета и финансов</p></bio><email>oakinrinola@yahoo.com</email><xref ref-type="aff" rid="aff2"/></contrib><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-7916-4136</contrib-id><name-alternatives><name xml:lang="en"><surname>Akinbola</surname><given-names>Olufemi A.</given-names></name><name xml:lang="ru"><surname>Акинбола</surname><given-names>Олуфеми Амос</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD, Lecturer of the Department of Business Administration</p></bio><bio xml:lang="ru"><p>PhD, преподаватель кафедры делового администрирования</p></bio><email>femiakinbola@gmail.com</email><xref ref-type="aff" rid="aff3"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Kwara State University</institution></aff><aff><institution xml:lang="ru">Государственный университет Квара</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">Caleb University</institution></aff><aff><institution xml:lang="ru">Университет Калеб</institution></aff></aff-alternatives><aff-alternatives id="aff3"><aff><institution xml:lang="en">Federal University of Agriculture</institution></aff><aff><institution xml:lang="ru">Федеральный сельскохозяйственный университет</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2021-08-26" publication-format="electronic"><day>26</day><month>08</month><year>2021</year></pub-date><volume>8</volume><issue>3</issue><issue-title xml:lang="en">VOL 8, NO3 (2021)</issue-title><issue-title xml:lang="ru">ТОМ 8, №3 (2021)</issue-title><fpage>256</fpage><lpage>276</lpage><history><date date-type="received" iso-8601-date="2021-08-26"><day>26</day><month>08</month><year>2021</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2021, Kowo S.A., Akinrinola O.O., Akinbola O.A.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2021, Ково С.А., Акинринола О.О., Акинбола О.А.</copyright-statement><copyright-year>2021</copyright-year><copyright-holder xml:lang="en">Kowo S.A., Akinrinola O.O., Akinbola O.A.</copyright-holder><copyright-holder xml:lang="ru">Ково С.А., Акинринола О.О., Акинбола О.А.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">http://creativecommons.org/licenses/by/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/public-administration/article/view/27246">https://journals.rudn.ru/public-administration/article/view/27246</self-uri><abstract xml:lang="en"><p style="text-align: justify;">Succession planning has drawn substantial interest among researchers. Research reports designate deficiency of quality planning in the management of SMEs especially in developing countries like Nigeria and this constitutes a foremost limitation to the effective management of SMEs. Succession planning are fundamental to steady performance, sustainability and competitive advantage of SMEs. The objective of the study was to investigate the effects of HR planning/forecasting on family business continuity and also to examine the effect of worker’s education on survival of entrepreneur. 110 copies of questionnaire were administered to the employees in the five selected SMEs in Abeokuta Ogun state, Nigeria to get primary data that treated and tested appropriate research questions and hypotheses accordingly. Analysis of variance (ANOVA), correlation efficient and regression analysis was employed. The Yamane formula was used to determine the sample size. The test re-test reliability approach was adopted for the convenience of the researcher. Reliability was ensued by Cronbach’s Alpha of 0.932. The data was analyzed using manual and electronic based methods through the data preparation grid and statistical package for the social sciences, (SPSS). The study found out that HR succession planning significantly assists SMEs to increase business continuity and Workers education significantly assists SMEs to increase business survival. The study recommends that organizational succession planning should be at regular interval as this will enable workers to know its importance and also business successors should be appointed based on merit so that the right and experience successors can manage the business.</p></abstract><trans-abstract xml:lang="ru"><p style="text-align: justify;">Планирование преемственности вызывает значительный интерес среди исследователей. Отчеты об исследованиях указывают на недостаток кадрового планирования в управлении МСП, особенно в развивающихся странах, таких как Нигерия, и это является основным ограничением для эффективного управления МСП. Планирование замещения кадров имеет фундаментальное значение для стабильной работы, устойчивости и конкурентных преимуществ МСП. Целью исследования было изучить влияние планирования/прогнозирования кадровых ресурсов на непрерывность семейного бизнеса, а также изучить влияние образования работников на сохранение деятельности предпринимателя. В рамках исследования были анкетированы 110 сотрудников пяти выбранных малых и средних предприятий в штате Абеокута Огун, Нигерия, чтобы получить первичные данные, которые позволили соответствующим образом обработать и проверить соответствующие исследовательские вопросы и гипотезы. В исследовании используется дисперсионный анализ (ANOVA), эффективная корреляция и регрессионный анализ. Формула Ямана использовалась для определения размера выборки. Для проверки точности выводов проводилось повторное тестирование. Надежность была обеспечена критерием оценки альфа Кронбаха 0,932. Данные были проанализированы с использованием ручных и электронных методов с использованием сетки подготовки данных и статистического пакета для социальных наук (SPSS). Исследование показало, что планирование кадровой преемственности значительно помогает малым и средним предприятиям повысить непрерывность работы предприятия, а образование сотрудников значительно помогает предприятиям выживать. В исследовании рекомендуется, чтобы планирование преемственности в организации проводилось через регулярные промежутки времени, поскольку это позволит работникам понять его важность, а также следует назначать преемников на основе заслуг, чтобы правопреемники и опытные преемники могли эффективнее управлять бизнесом.</p></trans-abstract><kwd-group xml:lang="en"><kwd>management succession</kwd><kwd>business sustenance</kwd><kwd>worker’s education</kwd><kwd>HR planning</kwd><kwd>business continuity</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>Замещение управленческих должностей</kwd><kwd>поддержка бизнеса</kwd><kwd>образование работников</kwd><kwd>планирование персонала</kwd><kwd>непрерывность бизнеса</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>Аrmstrong M.A Handbook of Human Resource Management Practice. Kogan Page Publishers. 2015;9:1-440.</mixed-citation></ref><ref id="B2"><label>2.</label><mixed-citation>Gilbert L.J., Judith B. Workforce Planning Not a Common Practice, IPMA-HR Study Finds. Sage Journals. 2004;33(4):379-388. DOI: https://doi.org/10.1177/009102600403300403</mixed-citation></ref><ref id="B3"><label>3.</label><mixed-citation>Kouzes J.M., Posner B.Z. The Leadership Challenges (3rd Ed.). San Francisco: Wiley; 2002.</mixed-citation></ref><ref id="B4"><label>4.</label><mixed-citation>Sambrook S., Sambrook S.A. Exploring Succession Planning in Small, Growing Firms. Journal of Small Business and Enterprise Development. 2005;12(4):579-594. DOI: https://doi.org/10.1108/14626000510628243</mixed-citation></ref><ref id="B5"><label>5.</label><mixed-citation>Warren G.B. On Becoming a Leader. N.Y.: Addison-Wesley Pub; 1989.</mixed-citation></ref><ref id="B6"><label>6.</label><mixed-citation>Narayan R. Human Resource Accounting: A New Paradigm in the Era of Globalization. Asian Journal of Management Research. 2010;1:237-244.</mixed-citation></ref><ref id="B7"><label>7.</label><mixed-citation>Douglas T.H. Career in and out of Organizations. California: Sage Publications; 2002. DOI: http://dx.doi.org/10.4135/9781452231174</mixed-citation></ref><ref id="B8"><label>8.</label><mixed-citation>Diamond A. Finding Success Through Succession Planning. Sec. Manage. 2006;50(2):36-39.</mixed-citation></ref><ref id="B9"><label>9.</label><mixed-citation>Rothwell W.J. White Paper: 10 Key Steps to Effective Succession Planning. URL: https://www.hrgrapevine.com/content/article/2014-11-06-white-paper-10-key-steps-to-effectivesuccession-planning. Accessed: 24.05.2021.</mixed-citation></ref><ref id="B10"><label>10.</label><mixed-citation>McBey K., Belcourt M. Strategic Human Resource Planning. Toronto: Nelson Education Limited; 2015.</mixed-citation></ref><ref id="B11"><label>11.</label><mixed-citation>Noe A., Houston G., Hollenbeck R., Gerhart., Wright M. Human Resource Management Gaining a competitive Advantage 3rd Edition. Boston: McGraw-Hill Companies Inc; 2000.</mixed-citation></ref><ref id="B12"><label>12.</label><mixed-citation>Byham W.C., Smith A.B., Paese M.J. Grow Your Own Leaders: How to Identify, Develop and Retain Leadership Talent. New York: Prentice Hall; 2002.</mixed-citation></ref><ref id="B13"><label>13.</label><mixed-citation>Bill G. Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value. San Francisco: Jossey-Bass; 2004.</mixed-citation></ref><ref id="B14"><label>14.</label><mixed-citation>Rothwell W.J. Putting Success into Your Succession Planning. Journal of Business Strategy. 2002;23(3):32-37. DOI: https://doi.org/10.1108/eb040249</mixed-citation></ref><ref id="B15"><label>15.</label><mixed-citation>Rothwel W.J. Effective Succession Planning: Ensuring Leadership Continuity and Building Talent from Within (2nd Ed.). New York: AMACOM; 2010.</mixed-citation></ref><ref id="B16"><label>16.</label><mixed-citation>Hills A. Succession Planning - or Smart Talent Management? Industrial and Commercial Training. 2009;41(1):3-8. DOI: https://doi.org/10.1108/00197850910927697</mixed-citation></ref><ref id="B17"><label>17.</label><mixed-citation>Bernthal P.R., Wellins R.S. Leadership Forecast 2005-2006: Best Practices for Tomorrow’s Global Leaders. Pittsburgh, PA: Development Dimensions International; 2006.</mixed-citation></ref><ref id="B18"><label>18.</label><mixed-citation>Gardner J.W. On Leadership. New York: The Free Press; 1990.</mixed-citation></ref><ref id="B19"><label>19.</label><mixed-citation>Leinsdorf B. Boomers’ Retirement May Create Talent Squeeze. The Chronicle of Higher Education. URL: https://www.chronicle.com/article/boomers-retirement-may-create-talentsqueeze/. Accessed: 24.05.2021.</mixed-citation></ref><ref id="B20"><label>20.</label><mixed-citation>William C.L., James C.C. Beyond Entrepreneurship: Turning Your Business into an Enduring Great Company. Englewood Cliffs: Prentice Hall; 1992.</mixed-citation></ref><ref id="B21"><label>21.</label><mixed-citation>Vikström A., Westerberg M. Success with Succession: An Empirical Study of Small Swedish Family Firms. International Journal of Entrepreneurship and Small Business. 2010;11(3):1-19. DOI: 10.1504/IJESB.2010.035816</mixed-citation></ref><ref id="B22"><label>22.</label><mixed-citation>Byham W.C., Bernthal P.R. The Case for Internal Promotions [White Paper]. Bridgeville, PA: Development Dimensions International; 2006.</mixed-citation></ref><ref id="B23"><label>23.</label><mixed-citation>Ip B., Jacobs G. Business Succession Planning: a Review of the Evidence. Journal of Small Business and Enterprise Development. 2006;13(3):326-350. DOI: 10.1108/ 14626000610680235</mixed-citation></ref><ref id="B24"><label>24.</label><mixed-citation>Blaskey M.S. Succession Planning with a Business Living Will. Journal of Accountancy. 2002;193(5):22-23.</mixed-citation></ref><ref id="B25"><label>25.</label><mixed-citation>Fulmer R. Keys to Best Practice in Succession Management. URL: www.humanresourcemagazine.com. Accessed: 31.10.2007.</mixed-citation></ref><ref id="B26"><label>26.</label><mixed-citation>Maxwell J.C. Leadership 101: What Every Leader Needs to Know. Nashville, TN: Thomas Nelson; 2012.</mixed-citation></ref><ref id="B27"><label>27.</label><mixed-citation>Wellins R.S., Smith A.B., Paese M.J., Erker S. Nine Best Practices for Effective Talent Management [White Paper]. Bridgeville, PA: Development Dimensions International; 2012.</mixed-citation></ref><ref id="B28"><label>28.</label><mixed-citation>Zeiss T. Get ‘Em While They’re Hot: How to Attract, Develop and Retain Peak Performers in the Coming Labor Shortage. Nashville, TN: Nelson Business; 2005.</mixed-citation></ref><ref id="B29"><label>29.</label><mixed-citation>Farashah D.A., Nasehifar V., Karahrudi S.A. Succession Planning and its Effects on Employee Career Attitudes: Study of Iranian Governmental Organizations. African Journal of Business Management. 2011;5(9):3605-3613.</mixed-citation></ref><ref id="B30"><label>30.</label><mixed-citation>Barden D.M. The Internal-Candidate Syndrome: All the Parties Involved in an Open, National Search are Vulnerable when the Applicant Pool Includes an Inside. The Chronicle of Higher Education. URL: https://www.chronicle.com/. Accessed: 07.04.2020.</mixed-citation></ref><ref id="B31"><label>31.</label><mixed-citation>Barden D.M. Your Next Few Leaders: The Time has Come for Colleges and Universities to Get Serious About Succession Planning. The Chronicle of Higher Education. URL: https://www.chronicle.com/. Accessed: 08.05.2021.</mixed-citation></ref><ref id="B32"><label>32.</label><mixed-citation>U.S. Equal Employment Opportunity Commission (U.S. EEOC 2007). URL: https://www.eeoc.gov/. Accessed: 23.04.2021.</mixed-citation></ref><ref id="B33"><label>33.</label><mixed-citation>Wennberg K., Nordqvist M., Bau M., Hellerstedt K. Succession in Private Firms as an Entrepreneurial Process - A Review and Suggestions of New Research avenues. Ratio Working Papers 157. Stockholm: The Ratio Institute; 2010.</mixed-citation></ref><ref id="B34"><label>34.</label><mixed-citation>Hattingh B. Put Success into Succession Planning. URL: https://cycan.co.za/. Accessed: 15.04.2021.</mixed-citation></ref><ref id="B35"><label>35.</label><mixed-citation>Kirby C. Survey of “Grow Your Own” Leadership Opportunities in Illinois Community Colleges. In Update. 2007;1(16). URL: http://occrl.ed.uiuc.edu. Accessed: 15.04.2021.</mixed-citation></ref><ref id="B36"><label>36.</label><mixed-citation>Bowen W. The Successful Succession: How to Manage the Process of Picking a President. The Chronicle of Higher Education. URL: www.chronicle.com. Accessed: 07.04.2021.</mixed-citation></ref></ref-list></back></article>
