CHAPTER 1: INTRODUCTION 1.0 Chapter Overview - DSpace@UM

H1 (a): There is a significant difference in the practices and approach ofsuccession planning between the manufacturing and services sectors.The result showed that the 3 dimensions of succession practices and approach were notsignificant (p > 0.05), thus H1(a) was not supported and concluded that there was nostatistically significant difference found between the manufacturing and services sectorsin terms of the 3 dimensions of practices and approach of succession planning i.e.organizational system (p = 0.702), succession characteristics (p = 0.259), and methods ofevaluation (p = 0.631). Since no past research had been conducted in this area, nocomparison could be made. The studies by Tracy & McGraw (2004) and Huang (2001)had not attempted to make industry comparison with regards to this area.4.6.2 Practices And Approach Of Succession Planning By Firm Ownership / TypeThe t-test was also conducted to examine whether there was a significant difference in thepractices and approach of succession planning between the national and multinationalcorporations. Table 4.12 summarized the results of independent t-test for firm type.Table 4.12: Practice & Approach To Succession Planning By Firm TypeVariables National Multinational Total Sig.*Organizational System 3.11 3.47 3.29 0.018Succession Characteristics 3.02 3.34 3.18 0.059Methods of Evaluation 2.89 3.38 3.13 0.002Note: * Level of significance using t-tests.66