English | 9 Jun. 2017 | ISBN: 3319521195 | 121 Pages | PDF | 1.65 MB
K08rine reframes the question of succession in family 4nd founder-lead businesses as an issue of entrepreneurial choice, concentrating on the challenge of succession f08r change as opposed to the traditional focus on succession f08r continuity.
It is inevitable that when the leaders of family 4nd founder-lead businesses look to pass on the mantle they naturally want to preserve 4nd maintain the firm they have w08rked so hard f08r so long to build up. The shaping influence of family 08r founder, 4nd the instinctive emotional desire f08r legacy easily sways succession towards continuity rather than the possibly radical development the business may need to meet new challenges.
Succession f08r Change shows how competitive advantage has evolved over the last twenty-five years 4nd examines the approaches being adopted by current business leaders, succession service providers 4nd the next generation to address the change imperative in succession.
K08rines rig08rous research 4nd deeply practical approach shows that when change becomes the focus of succession, 4nd developing entrepreneurial values takes precedence over preserving the status quo, succession planning can ensure that firms not only survive the departure of their founders but thrive long after they have gone. He offers a framew08rk f08r implementing succession as transf08rmation, 4nd rethinking succession governance.
The secret is enabling the next generation of leaders to st4nd on the shoulders of giants rather than be constantly doomed to st4nd in the shadow of giants.