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Impact of Succession Planning on Employee Retention: A Literature Review

ANWESH: International Journal of Management & Information Technology

Volume 10 Issue 1

Published: 2025
Author(s) Name: Abhishek Jain and Khushi | Author(s) Affiliation: Roorkee Institute of Technology, Puhana, Uttarakhand, India.
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Abstract

This study investigates the connection retained employee in addition succession preparation, highlighting the role that organized succession plans have in maintain-ing workforce stability. Research on succession planning is reviewed in this study, with an eye on key factors that influence its implementation, such as organizational vision, managerial support, training, technical advancements, and a flat organizational structure. This study aims to examine how succession planning helps retain skilled workers by providing leadership development, career advancement, and growth possibilities. The study investigates the relation in between succession strategy and keeps the employee in a comprehensive review of literature and qualitative studies approach. The results show that by preparing workers for leadership positions, good succession planning improves organizational performance, lowers turnover, and increases employee wellness. Employers who have well-designed succession plans report increased employee loyalty and sustained staff stability. According to the study’s findings, succession planning is an essential tactic for retaining talent, maintaining leadership, and achieving overall organizational success. Organizations may create a sustainable workforce ready for future challenges by combining training, managerial assistance, and technology improvements.

Keywords: Employee retention, Human resource management, Literature, Succession planning.

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