Abstract
This study explores how succession planning (SP) impacts the sustainability of manufacturing small and medium-sized enterprises (SMEs) in Ghana, with a focus on the moderating role of transformational leadership (TL) and the mediating role of career development (CD). A survey of 500 employees from 200 registered manufacturing SMEs was conducted using a cross-sectional design and quantitative approach to gather data. Structural equation modeling analyzed the data and tested the hypotheses. Findings show that SP significantly predicts CD and SME sustainability. TL directly enhances SME sustainability and moderates the SP- SME sustainability relationship. CD directly enhances SME sustainability and mediates the SP- SME sustainability relationship. These results contribute to the existing literature by demonstrating how SP, TL, and CD interact within manufacturing SMEs. The study extends existing frameworks by providing valuable insights into SME sustenance. Future research can further investigate these interactions in different contexts to validate and extend the findings.
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