“SECURING ORGANIZATIONAL SUSTAINABILITY: THE VITALITY OF SUCCESSION PLANNING IN INDIAN PUBLIC SECTOR ENTERPRISES"

Abstract

Rapid environmental shifts intensify competition for organizations, compelling them to adapt policies and procedures towards sustainability. Employing diverse measures to preserve the environment becomes essential in a volatile, uncertain, complex, and ambiguous (VUCA) climate. This present study aims to achieve sustainability amid these conditions, emphasizing the crucial need for continuous expansion while meeting the demands of future generations. Organizations must navigate evolving circumstances alongside emerging leaders, especially in critical leadership roles. Succession planning presents a significant challenge for Public Sector Units (PSUs) in India, where identifying and grooming future leaders within an organization involves various management practices. Past studies have established the link between talent management and effective succession planning for each organization. A comprehensive investigation into management practices within Indian PSUs utilized a mixed-method approach. This involved scrutinizing Human Resource Development (HRD) policies, guidelines, procedures, and reports. Additionally, gathering employee feedback through engagements with key stakeholders was conducted. The analysis employed thematic analysis techniques to establish correlations between Talent Management and Succession Planning. The findings advocate for an inclusive Talent Management strategy as a foundational element for effective Succession Planning.

Keywords: Talent Management, Succession Planning and Public sector Organizations