TY - GEN
T1 - STRATEGIC SUCCESSION PLANNING OF SME'S IN THE BUILT ENVIRONMENT
T2 - 41st Annual Conference on Association of Researchers in Construction Management, ARCOM 2025
AU - Tracey, Marc
AU - Spillane, John P.
N1 - Publisher Copyright:
© Association of Researchers in Construction Management, ARCOM 2025 - Proceedings of the 41st Annual Conference.
PY - 2025
Y1 - 2025
N2 - Strategic succession planning (SSP) is essential for Small and Medium Enterprises (SMEs) longevity and continuity, yet its application in the built environment remains underexplored. Despite the acknowledged importance of SSP, empirically validated models in the context of SMEs in the built environment are scant. This paper conceptually validates this knowledge gap by mapping existing academic literature. Factors influencing SSP within SMEs internationally are mapped, the results of which are used to formulate a conceptual framework from related fields, which can be applied in this discipline. By synthesising current knowledge, this research highlights the paucity of studies in the field of the built environment, onto which a proposed framework is developed, based on wider disciplines. The value of this work is that it subsequently validates the need for a tailored, bespoke SSP framework, to support business continuity, maintain competitiveness, and foster sustainable growth in built environment SMEs. The value proposition lies in the contribution to literature on the subject, particularly in the discipline, by addressing a currently under-theorised area, which is crucial for the sector's resilience.
AB - Strategic succession planning (SSP) is essential for Small and Medium Enterprises (SMEs) longevity and continuity, yet its application in the built environment remains underexplored. Despite the acknowledged importance of SSP, empirically validated models in the context of SMEs in the built environment are scant. This paper conceptually validates this knowledge gap by mapping existing academic literature. Factors influencing SSP within SMEs internationally are mapped, the results of which are used to formulate a conceptual framework from related fields, which can be applied in this discipline. By synthesising current knowledge, this research highlights the paucity of studies in the field of the built environment, onto which a proposed framework is developed, based on wider disciplines. The value of this work is that it subsequently validates the need for a tailored, bespoke SSP framework, to support business continuity, maintain competitiveness, and foster sustainable growth in built environment SMEs. The value proposition lies in the contribution to literature on the subject, particularly in the discipline, by addressing a currently under-theorised area, which is crucial for the sector's resilience.
KW - knowledge management
KW - leadership transition
KW - strategic management
KW - strategic planning
UR - https://www.scopus.com/pages/publications/105021937631
M3 - Conference contribution
AN - SCOPUS:105021937631
T3 - Association of Researchers in Construction Management, ARCOM 2025 - Proceedings of the 41st Annual Conference
SP - 491
EP - 500
BT - Association of Researchers in Construction Management, ARCOM 2025 - Proceedings of the 41st Annual Conference
A2 - Thomson, Craig
A2 - Neilson, Christopher J
PB - Association of Researchers in Construction Management
Y2 - 1 September 2025 through 3 September 2025
ER -