Substitution model for Iranian banks: A phenomenological study

Subject Areas : business management

zhila mohamadi ¹ , dariush gholamzadeh ² , Vahidreza Mirabi ³ , Ahmad Vedadi ⁴

1 - Department of Public Administration, Central Tehran Branch, Islamic Azad University, Tehran, Iran
2 - Department of Public Administration, Central Tehran Branch, Islamic Azad University, Tehran, Iran
3 - Department of Business Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran
4 - Department of Public Administration, Central Tehran Branch, Islamic Azad University, Tehran, Iran

Received: 2021-02-23 Accepted : 2021-08-22 Published : 2021-12-22

Keywords: Banks, succession, Phenomenological Study,

Abstract :

Scientists consider the issue of succession as one of the most important challenges facing today's organizations, especially banks, and believe that if organizations do not have strategic plans for succession, they will face many problems in the future. The aim of this study was to provide an appropriate model for succession planning in Iranian banks. The study was a qualitative phenomenography. Data collection was done in a field method with in-depth and semi-structured interviews. The sample size was 12 experts and specialists who were selected by snowball method. Dimensions and components were identified by coding method (open, axial, selective). In this study, strategic factors, talent management, support of senior managers, cultural factors and educational-development programs as succession requirements, information-technological factors and individual-motivational factors as facilitators and career path management, performance management and resources - infrastructure Were identified as background conditions. The final conclusion is that the succession process is different from one organization to another, and banks are no exception, and all aspects must be considered in the succession process