Chapter One — 1.1 Background to the Study

In recent years, Succession Planning has emerged as a critical factor shaping organizational performance across organizations operating in and around Lagos State. As institutions grapple with the pressures of globalization, regulatory reform, and shifting stakeholder expectations, understanding how succession planning relates to organizational performance has become an important area of both scholarly and practical concern.

Lagos State presents a useful setting for examining this relationship precisely because the conditions there — structural, regulatory, and behavioural — differ from those typically assumed in the broader literature, most of which draws on evidence from more developed economies.

1.2 Statement of the Problem

While succession planning is widely discussed in policy and industry circles, empirical evidence on its actual effect on organizational performance within Lagos State remains sparse and, in places, contradictory. This lack of localized, rigorous evidence makes it difficult for decision-makers to know with confidence whether current approaches to succession planning are helping or hindering organizational performance — a gap this study sets out to close.

1.3 Objectives of the Study

1. To examine the effect of Succession Planning on organizational performance in Lagos State.
2. To assess the extent to which succession planning influences organizational performance within the study area.
3. To identify the challenges associated with succession planning in relation to organizational performance.
4. To recommend strategies for optimizing succession planning in order to improve organizational performance.

1.4 Research Questions

1. What is the effect of succession planning on organizational performance in Lagos State?
2. To what extent does succession planning influence organizational performance within the study area?
3. What challenges are associated with succession planning in relation to organizational performance?
4. What strategies can be adopted to optimize succession planning in order to improve organizational performance?

1.5 Significance of the Study

Beyond its academic contribution to the field of business administration, this study has practical value for management teams within Lagos State seeking to understand how succession planning translates into measurable outcomes around organizational performance. It is equally useful to students and future researchers looking for a localized empirical reference on this relationship.

1.6 Scope of the Study

The study is limited to an examination of Succession Planning and its relationship with organizational performance within the context of Lagos State. It reflects a BSc-level scope of analysis and relies on data and perspectives available within that scope; generalizing the findings beyond this specific context should therefore be done with appropriate caution.