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C/B/396. Succession Planning in Family Business
- WORDS:
- 2000
- DATE:
- 2006
- PRICE:
- 29.99 GBP
The essay looks at the domain of succession planning in family owned businesses. This essay is a blend of theoretical and practical aspects exhibited by family businesses while planning succession of business. It argues that the inherent peculiarities of a family business like its structure, issues, owner-manager characteristics and autocratic management styles all contribute towards making family businesses ‘special cases' in the management literature. The essay is based on extensive secondary research in the field and provides an overview of most discussed issues in the field.
KEYWORDS: Family Business, Succession planning, Small Business, Strategy, Autocratic Management,
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