SUCCESSION PLANNING AND KNOWLEDGE MANAGEMENT WITH KNOWLEDGE SHARING PERSPECTIVE IN BUSINESS FAMILIES

Objective: Loss of knowledge is a critical factor for organizations. This paper approaches the topic of a combined research of knowledge management and succession planning. Factors like death and family partition and sudden loss of the key member is faced with succession planning. This research has a glimpse of knowledge management and detailed study on succession planning in particular family owned business.. The scarcest resource today is top management talent that can handle anything negative that arises. Methods: Here in this research we have tailored Structural Equation Modeling and Theory of Planned Behavior. Findings: From a managerial perspective, our results suggest that cultivating positive normative beliefs of significant members motivation to comply as well as positive attitude for sharing knowledge. Novelty: A causal path from Attitude to Perceived Behavioral Control.