Author(s):
Desbois, Joris
Date: 2016
Persistent ID: http://hdl.handle.net/10362/18605
Origin: Repositório Institucional da UNL
Subject(s): Family business; Succession; Next-generation leader; Key factors; Key principles; Domínio/Área Científica::Ciências Sociais::Economia e Gestão
Description
Succession is the biggest long-term challenge that most family businesses face. Indeed, leaders ‘disposition to plan for their succession is frequently the key factor defining whether their family business subsists or stops. The research seeks to find out how to manage successfully the business management succession over main principles. This work project aims at researching the key points relevant to almost all family firms, to have a viable succession transition and positioning the family business as a continuous success and growth. This research paper aiding to raise best practice in a family business succession. This work project emboldens and clarifies succession planning and supports a concrete structure of effective strategies for managing a sustainable and successful family business succession.