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SUCCESSION FOR CHANGE - Strategic transitions in family and founder-led businesses (Paperback, Softcover reprint of the original 1st ed. 2017)
Loot Price: R1,010
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SUCCESSION FOR CHANGE - Strategic transitions in family and founder-led businesses (Paperback, Softcover reprint of the original 1st ed. 2017)
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Korine reframes the question of succession in family and
founder-lead businesses as an issue of entrepreneurial choice,
concentrating on the challenge of succession for change as opposed
to the traditional focus on succession for continuity. It is
inevitable that when the leaders of family and founder-lead
businesses look to pass on the mantle they naturally want to
preserve and maintain the firm they have worked so hard for so long
to build up. The shaping influence of family or founder, and the
instinctive emotional desire for legacy easily sways succession
towards continuity rather than the possibly radical development the
business may need to meet new challenges. Succession for Change
shows how competitive advantage has evolved over the last
twenty-five years and examines the approaches being adopted by
current business leaders, succession service providers and the next
generation to address the change imperative in succession. Korine's
rigorous research and deeply practical approach shows that when
change becomes the focus of succession, and 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 framework for implementing succession as
transformation, and rethinking succession governance. The secret is
enabling the next generation of leaders to stand on the shoulders
of giants rather than be constantly doomed to stand in the shadow
of giants.
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