A Preliminary Study of Succession Planning on the Career Development: The UTMSPACE Academic-Corporate Organisation Perspective : THE UTMSPACE ACADEMIC-CORPORATE ORGANISATION PERSPECTIVE

Abstract

Academic corporate university as a hybrid organisations must have particular abilities to achieve tangible positive financial outcomes within and beyond the organisation.  To reflect the empowerment of the oragnisation as a knowledge-based economic growth provider, this article aims to explore the succession planning programme in both academic-oriented organisations and business-oriented organisations. The study compares and contrast the literatures, based on three themes, impact to individual, impact to organisation and succession planning approach or practice. The finding showed that succession planning improves employee attitude, skills and relationship with the leader in both academic and business-oriented organisations. It also helps company to build understanding with the employees, fulfil organisation needs, save cost and meet its objectives. Succession planning is implemented through leadership, mentorship, skills development and training programmes in the organisation. This article contributes to our understanding of implementation of succession planning at the hybrid organisation (academic-corporate university) as the competitive educational indicator to practices and strategies created by organisations.