Taking over the Family Business

Why do successors decide to join the family business? The current study investigated the hitherto largely ignored perspective of the successor on succession as career decision process. Grounded on family business and career development theory, insights gained from the qualitative analysis of 16 in-depth interviews with successors were used to develop a successor profiling tool. It is composed of three main elements: the succession decision as process, influences of facilitating and inhibiting factors as well as underlying successor commitment over time. A gender sensitive perspective was adopted in order to account for gender differences during tool development. The tool developed offers a practical contribution by helping young family business members to consider succession in relation to their career development.

Title and subtitles Taking over the Family Business – A career developmental perspective on male and female succession
Author Dominique Otten-Pappas
Year 2015
Keywords Family Business, Succession
Type WIFU-Series

Similar posts

The Ten Witten Theses


read more


What really matters to family entrepreneurs?


read more


Succession in family business


read more


The Modern Family Business


read more