The Challenges that Small and Medium Sized Enterprises Face and Succession Planning: A Field Research in the Scope of an EU Project Cover Image

Küçük ve Orta Büyüklükteki İşletmelerin Karşılaştığı Sorunlar ve Devir Planlaması: Avrupa Birliği Projesi Kapsamında Bir Alan Araştırması
The Challenges that Small and Medium Sized Enterprises Face and Succession Planning: A Field Research in the Scope of an EU Project

Author(s): Alper Güzel, Seyhan Fırat, Bülent Elbasan
Subject(s): Education, Business Economy / Management, Policy, planning, forecast and speculation, Human Resources in Economy
Published by: Orhan Sağçolak
Keywords: SMEs; Intogeneration project; succession planning; business transfer; SME training; Erasmus+;

Summary/Abstract: Small and Medium Sized Enterprises (SMEs) have a very significant importance in terms of sustainable development and economic growth. In most countries’, SMEs cover a field more than %99 percent in all enterprises and they also make a great contribution to the employment but most cannot transfer the business to the next generation as their survival depends on many factors. At this point, succession planning is one of the most important factor that supports making business transfer to next generation and for SMEs’ survival. This paper aims to share the Turkey results of the field research findings which was implemented through Turkey, Germany, Spain, Greece and Bulgaria. The field research in different countries aims to identify the internal and external challenges that SMEs face and to evaluate the current status and views of SMEs about succession planning. In order to achieve the research objectives, a questionnaire form that includes 22 items was developed by reviewing literature, considering the views of academicians, and making focus group meetings by the Project partners. The questionnaires were implemented in Ankara province by using online channels and face to face reviews. In total, 387 responses were collected but 110 of them were not considered as they have not been correctly filled. Totally, 277 questionnaire forms were considered for the analysis. The collected data was coded by the researcher, and frequency and percentage distribution were calculated. Pearson ChiSquare was implemented for the comparison of categorical data. According to research findings, it is found that the most frequent challenges that SMEs face are the price competition and the need for qualified employee. In addition, it was observed that the majority of SMEs did not make any succession plan and they did not have any preparations for transferring business to the next generation. It is recommended to organize activities to increase awareness about succession planning and to give a broader scope to this subject in training programs.

  • Issue Year: 10/2018
  • Issue No: 4
  • Page Range: 1298-1320
  • Page Count: 23
  • Language: Turkish
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