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Knowledge management and succession planning in SMEs
Institute for Entrepreneurship, University of Liechtenstein, Vaduz, Principality of Liechtenstein.ORCID iD: 0000-0001-8469-2427
Institute for Entrepreneurship, University of Liechtenstein, Vaduz, Principality of Liechtenstein.
2012 (English)In: Journal of Knowledge Management, ISSN 1367-3270, Vol. 16, no 4, 637-649 p.Article in journal (Refereed) Published
Abstract [en]

Purpose: An ignorance of knowledge attrition caused by employee exits is considered as careless and can lead to considerable consequences regarding both a firm's financial capital and intellectual capital, or in other words an ignorance of the danger of knowledge loss is associated with a missing or improper succession planning. The purpose of this study is to gain a better understanding of how a medium-sized firm copes with the danger of knowledge loss due to employee exit or long-term absence. Design/methodology/approach: Data were obtained through semi-structured interviews with 14 organization members from a German medium-sized enterprise operating in the printing sector. These participants represented different departments and positions. Findings: The findings demonstrate the influence of a precarious financial situation on activities related to knowledge management and succession planning. Although the organization members are aware of obvious needs for improvement within the firm, their actual scope of action is centered on the execution of current orders. Research limitations/implications: The data are cross-sectional and were collected in one organization. Future studies should consider longitudinal designs across multiple organizations. Practical implications: Based on the findings some suggestions were derived that may help firms facing similar circumstances. Originality/value: The study's findings provide fresh insights into how an established firm tackles the issue of knowledge attrition and its likely implications for the firm's performance. © Emerald Group Publishing Limited.

Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2012. Vol. 16, no 4, 637-649 p.
Keyword [en]
Employees turnover, Germany, Knowledge attrition, Knowledge management, Small to medium-sized enterprises, Succession planning, Turnover
National Category
Business Administration
Research subject
Humanities and Social sciences
URN: urn:nbn:se:his:diva-10026DOI: 10.1108/13673271211246194ISI: 000307687900010ScopusID: 2-s2.0-84863628317OAI: oai:DiVA.org:his-10026DiVA: diva2:750752
Available from: 2014-09-30 Created: 2014-09-29 Last updated: 2014-12-16Bibliographically approved

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