South Asian Journal of Marketing & Management Research
  • Year: 2023
  • Volume: 13
  • Issue: 2

A phenomenological study of executiveleadership transition: Executive succession planning in-state commercial banks

1Faculty Member, Kish International Campus, University of Tehran, Iran, Email id: hasanboudlaie@ut.ac.ir

2Faculty of Management, Kish International Campus, University of Tehran, Iran, Email id: mohamad.kenaroodi@ut.ac.ir

3Faculty of Industrial Engineering, Khajeh Nasir Toosi University, Tehran, Iran, Email id: hmdebd@gmail.com

Online published on 28 March, 2023.

Abstract

One of critical issues confronting transferred commercial banks is a significant lack of operations managers with executive leadership abilities. Therefore, this study seeks to discover the lived experiences of some authorities regarding transition of leadership and planning of executive succession; more specifically, this study focuses on understanding the impact of branch managers on decisions to use succession planning instate commercial banks. Participants include 12 managers of bank branches and data collection instrument is open interviews. Results showed that the meaning of leadership transition and succession planningof branch managers were continuously expressed as the mainconcernsto leave the organization. The primary meaning of leadership transitionfor branch managers is the status of organization towards their probablepe rspective. The secondary meaning for branch managers is equivalent toleadership change process. The meaning of branch managers is focused on assurance ofa transition process which is well-timed and planned.

Keywords

Leadership Transition, Succession, Transferred Commercial Banks