The objective of this study is to assess the role that succession planning plays in family businesses in the Sedibeng region of the Gauteng province in South Africa. According to Netsiande (2008:1) family businesses should anticipate, recognise, understand and work pro-actively on issues, learn from other businesses and find their own unique solution.to ensure sustainability. Management succession and succession planning is very important and it has a significant impact on family members, society and the business and economic sectors. This research study was conducted by means of a literature and empirical study. The aim of the literature studies was to gain insight into family businesses and the importance of succession planning. Topics covered in the literature study on family businesses includes a definition of family businesses, family business success, uniqueness of family businesses, characteristics of successful family businesses, advantages and disadvantages of family businesses, challenges facing family businesses. Topics covered in the literature study on succession planning includes a definition of succession, the importance of succession in family businesses, factors that influence succession, succession planning, selecting and choosing a successor as well as mentoring and preparation of the successor(s). The study was concluded on the basis of the findings of the empirical study, that the aspects that needs more attention to help with successful succession planning in family businesses in the Sedibeng district of the Gauteng province in South Africa, are the relationship between owner-manager and successor(s), willingness of the successor(s) to take over the business, willingness of the successor(s) to hand over the business and the preparation level of the successor(s). Lastly practical recommendations were suggested to support the family and the business to effectively manage succession planning in family businesses. / MBA (Business Administration), North-West University, Potchefstroom Campus, 2015

The objective of this study is to assess the role that succession planning plays in family businesses in the Sedibeng region of the Gauteng province in South Africa. According to Netsiande (2008:1) family businesses should anticipate, recognise, understand and work pro-actively on issues, learn from other businesses and find their own unique solution.to ensure sustainability. Management succession and succession planning is very important and it has a significant impact on family members, society and the business and economic sectors. This research study was conducted by means of a literature and empirical study. The aim of the literature studies was to gain insight into family businesses and the importance of succession planning. Topics covered in the literature study on family businesses includes a definition of family businesses, family business success, uniqueness of family businesses, characteristics of successful family businesses, advantages and disadvantages of family businesses, challenges facing family businesses. Topics covered in the literature study on succession planning includes a definition of succession, the importance of succession in family businesses, factors that influence succession, succession planning, selecting and choosing a successor as well as mentoring and preparation of the successor(s). The study was concluded on the basis of the findings of the empirical study, that the aspects that needs more attention to help with successful succession planning in family businesses in the Sedibeng district of the Gauteng province in South Africa, are the relationship between owner-manager and successor(s), willingness of the successor(s) to take over the business, willingness of the successor(s) to hand over the business and the preparation level of the successor(s). Lastly practical recommendations were suggested to support the family and the business to effectively manage succession planning in family businesses. / MBA (Business Administration), North-West University, Potchefstroom Campus, 2015

Este estudo contribui tanto para o processo organizacional como para a literatura sobre empresas familiares. O tema se apresenta relevante quanto ao crescimento do conhecimento sobre o processo de profissionalização em empresas familiares. A medida que as empresas crescem, crescem também os desafios presentes nas empresas, e nas empresas familiares estes desafios são ainda maiores devido as questões da família, propriedade e gestão. Nesta fase, muitos proprietários reconhecem a necessidade de profissionalizar a gestão de suas empresas, isso como preparação para sua continuidade e crescimento. A profissionalização pode ser entendida como um processo na qual as empresas caminham para um processo de maior formalidade, com o desenvolvimento de organismos formais de governança e sistemas de controle. A profissionalização na empresa familiar pode representar uma grande mudança na forma de gestão. Diante disso o objetivo da pesquisa é compreender como acontece o processo de profissionalização na empresa familiar, analisando ainda a governança corporativa e seus mecanismos nessas organizações. Para tal objetivo a metodologia utilizada foi uma pesquisa exploratória e descritiva de natureza predominantemente qualitativa, feita a partir do estudo de casos múltiplos. Para coletar os dados foram realizadas entrevistas semi-estruturadas com gestores das organizações escolhidas, da alta e média administração. A investigação foi realizada em duas empresas familiares, uma com sessenta anos de mercado, do setor de prestação de serviços e a outra com mais de vinte anos de mercado do setor de comércio atacadista. Os resultados mostram que a profissionalização foi motivada pelo desejo de continuidade e crescimento das empresas pesquisadas, e que a profissionalização surgiu ligada a questão do processo sucessório em uma das organizações. A Governança Corporativa pode definir regras e procedimentos para a tomada de decisão pelos agentes nessas organizações, além de monitorar e controlar a utilização dos recursos. / This study contributes to both the organizational process and to the literature on family businesses. The theme is presented as relevant to the knowledge on the management of professionalization in family businesses. As companies grow, the present challenges in businesses also grows, and in family businesses these challenges are even greater due to family issues, ownership and management. At this stage, many business owners acknowledge the need to professionalize the management of their companies, as part of its continuity and growth. Professionalization can be understood as a process in which companies move towards a more formal process, with the development of formal governance and control systems. Professionalization in a family business represents a huge change in management. Therefore, the aim of this research is to understand how the professionalization process takes part in the family business, analyzing also the governance and its mechanisms in these organizations. For this purpose the methodology used was an exploratory and descriptive research predominantly qualitative, made from the study of multiple cases. To collect the data, semi-structured interviews were conducted with managers of the chosen organizations, of high and middle management. The research was conducted in two family companies, one over sixty years, of the service sector and the other with more than twenty years, of the wholesale trade sector. The results present that professionalization was motivated by the desire for continuity and growth, and the professionalization also arises linked to the succession process in one of the organizations. Corporate Governance can define rules and procedures for decision making by agents, as well as monitor and control the use of resources.

O objetivo deste trabalho é a proposição de um modelo de implementação de governança nas empresas familiares de pequeno e médio portes, de modo que mais organizações reduzam seus conflitos e se liberem de um dos principais obstáculos a sua perpetuação. A participação das empresas familiares no conjunto de organizações no Brasil é muito alta e ações que tenham como objetivo a melhoria da sua sobrevivência têm um grande impacto na economia nacional. Os conflitos familiares permeiam grande parte dessas empresas e são especialmente mais críticos em processos sucessórios. A pesquisa foi realizada de forma qualitativa e como delineamento foi utilizado o estudo de casos múltiplos. Para sua realização, foram selecionadas três empresas familiares inseridas nos critérios de escolha definidos, quais sejam: serem de pequeno ou médio porte; estarem em processo de troca de comando da primeira para a segunda geração, ou mesmo tê-lo concluído em um período de até quatro anos; possuírem protocolos familiares e conselhos de família ou societário ou, pelo menos, estarem em uma fase adiantada de implementação desses instrumentos. Como consideração final, é proposto um modelo de implementação de governança na empresa familiar, construído a partir da participação dos respondentes, os quais confirmaram a redução de conflitos em resultado da aplicação de conselhos de família e societário e do protocolo familiar. / The purpose of this work is the proposition of a governance implementation pattern for small and medium sized family enterprises, so that more organizations would be able to reduce conflicts and liberate themselves from some of the main obstacles to their perpetuation. The participation of family enterprises in the ensemble of the Brazilian organizations is very high and the actions taken to improve their conditions to survive have a great impact on national economy. Family conflicts permeate a large number of these enterprises and are especially critical during succession processes. The research was developed in a qualitative form and the study of multiple cases was used as delineation. To its realization three family enterprises were selected according to the defined choosing criteria, that are: to be of small or middle size, to be in the process of changing the command from the first to the second generation or to have finished it four years ago at the most; to have family protocols and family or societary councils or, at least, to be in an advanced phase of the implantation of these tools. Finally, it is proposed a model of governance implementation in the family enterprise, built with the participation of those involved in the enterprise who have confirmed the reduction of conflicts as a result of the utilization of family councils, societary and family protocols.

O processo de sucessão nas empresas familiares é bastante estudado na administração. Nesse trabalho aborda-se essa questão pela ótica das mulheres sucessoras em empresas consideradas de ramos preponderantemente masculinos, fazendo-se assim uma análise da perspectiva do feminino. Com o objetivo de investigar os elementos que explicam o processo de legitimação das mulheres sucessoras em empresas familiares, assumindo a perspectiva da própria sucessora, dos sucedidos e dos funcionários familiares e não familiares. Por meio de uma pesquisa qualitativa, buscou-se com estudos de casos múltiplos caracterizar as empresas em análise quanto ao ramo de atuação, estrutura e posicionamento no mercado; descrever o processo sucessório de cada empresa estudada; descrever o processo de preparação das mulheres sucessoras para assumirem a direção nas empresas analisadas; identificar os principais desafios, dificuldades e os conflitos vivenciados pelas mulheres sucessoras ao longo de suas trajetórias nas empresas; analisar o processo sucessório e a legitimação das sucessoras na perspectiva dos funcionários e gestores familiares e não familiares. Os resultados do trabalho demonstram que as mulheres sucessoras estão legitimadas nos cargos de direção, embora tenham enfrentando diversos obstáculos tanto no que diz respeito ao processo de sucessão como à barreiras de gênero. As mulheres sucessoras construíram suas carreiras ao longo dos anos, ao lado dos pais sucedidos ou em outras empresas; não tiveram disputas pelo poder com irmãos ou outros parentes do sexo masculino; algumas não foram a primeira opção dos sucedidos, mas a capacidade e profissionalismo superaram a questão de gênero na determinação do sucessor para as empresas aqui estudadas. / The process of succession in family businesses is well studied in administration. In this paper, this issue is approached from the standpoint of women successors in companies considered to be predominantly male, thus making an analysis of the feminine perspective. With the objective of investigating the elements that explain the process of legitimizing successor women in family businesses, assuming the perspective of the sucessor woman herself, succeded and family and non - family employees. Through a qualitative research, it was sought with multiple case studies to characterize the companies in analysis as to the branch of performance, structure and positioning in the market; describe the succession process of each company studied; describe the process of preparing the successor women to take the command in the companies analyzed; identify the main challenges, difficulties and conflicts experienced by women successors throughout their trajectories in the companies; analyze the succession process and the legitimacy of successors women from the perspective of family and non-family employees and managers. The results of the study show that successor women are legitimized in management positions, although they face several obstacles both in terms of succession process and gender barriers. Successor women have built their careers over the years, alongside of their parents or in other companies; They did not have power struggles with siblings or other male relatives; some were not the first choice of successors, but the capacity and professionalism overcame the gender issue in determining the successor for the companies studied here.

Literature studies on institutionalization are mainly predicated on repetitive work performing sectors, in which firms are more prone to developed institutionalization processes in literature. But, in this study, it is aimed to examine reasons behind low tendency of construction firms to institutionalization process in Turkey. In literature, two main obstacles against institutionalization are shown as firms&rsquo / resistance to change and founder family acts on firm. So, family businesses and their effects on firm operations are also included to this study&rsquo / s scope, with business growth and institutionalization process. Conducted interviews are based on a questionnaire which is prepared to identify / cognition level of institutionalization, factors leading firms to institutionalization, firms&rsquo / established system perform in the name of institutionalization and finally summarize experiences firms gained from institutionalization process. Twenty-one interviewed contractor firms enlightens acts of construction firms in Turkey, because like interviewed firms, 70% of construction firms in Turkey is still governed by 1st generation. Results indicate that construction firms seem to apply most of the systems offered by literature for institutionalization because of rapid business growth. In general they refuse a high institutionalization level because of construction projects&rsquo / temporary and unique nature, causing a highly competitive and uncertain sector requiring a highly flexible firm structure. Institutionalization is mainly processed to enhance control, it is not considered to take place for balancing family and firm relationships. This is because of high family dominancy in firms, leading to a highly jeopardized sustainability.

O processo de sucessão nas empresas familiares é bastante estudado na administração. Nesse trabalho aborda-se essa questão pela ótica das mulheres sucessoras em empresas consideradas de ramos preponderantemente masculinos, fazendo-se assim uma análise da perspectiva do feminino. Com o objetivo de investigar os elementos que explicam o processo de legitimação das mulheres sucessoras em empresas familiares, assumindo a perspectiva da própria sucessora, dos sucedidos e dos funcionários familiares e não familiares. Por meio de uma pesquisa qualitativa, buscou-se com estudos de casos múltiplos caracterizar as empresas em análise quanto ao ramo de atuação, estrutura e posicionamento no mercado; descrever o processo sucessório de cada empresa estudada; descrever o processo de preparação das mulheres sucessoras para assumirem a direção nas empresas analisadas; identificar os principais desafios, dificuldades e os conflitos vivenciados pelas mulheres sucessoras ao longo de suas trajetórias nas empresas; analisar o processo sucessório e a legitimação das sucessoras na perspectiva dos funcionários e gestores familiares e não familiares. Os resultados do trabalho demonstram que as mulheres sucessoras estão legitimadas nos cargos de direção, embora tenham enfrentando diversos obstáculos tanto no que diz respeito ao processo de sucessão como à barreiras de gênero. As mulheres sucessoras construíram suas carreiras ao longo dos anos, ao lado dos pais sucedidos ou em outras empresas; não tiveram disputas pelo poder com irmãos ou outros parentes do sexo masculino; algumas não foram a primeira opção dos sucedidos, mas a capacidade e profissionalismo superaram a questão de gênero na determinação do sucessor para as empresas aqui estudadas. / The process of succession in family businesses is well studied in administration. In this paper, this issue is approached from the standpoint of women successors in companies considered to be predominantly male, thus making an analysis of the feminine perspective. With the objective of investigating the elements that explain the process of legitimizing successor women in family businesses, assuming the perspective of the sucessor woman herself, succeded and family and non - family employees. Through a qualitative research, it was sought with multiple case studies to characterize the companies in analysis as to the branch of performance, structure and positioning in the market; describe the succession process of each company studied; describe the process of preparing the successor women to take the command in the companies analyzed; identify the main challenges, difficulties and conflicts experienced by women successors throughout their trajectories in the companies; analyze the succession process and the legitimacy of successors women from the perspective of family and non-family employees and managers. The results of the study show that successor women are legitimized in management positions, although they face several obstacles both in terms of succession process and gender barriers. Successor women have built their careers over the years, alongside of their parents or in other companies; They did not have power struggles with siblings or other male relatives; some were not the first choice of successors, but the capacity and professionalism overcame the gender issue in determining the successor for the companies studied here.

Cette thèse a pour objectif l’étude du management et de la performance de l’entreprise familiale par rapport à l’entreprise non-familiale en Chine continentale, en utilisant la littérature académique la plus récente et une investigation par approche quantitative. Sur la base de données collectées en 2007 et 2008 d’indicateurs financiers de plus que 1000 sociétés cotées à Shanghai et Shenzhen, cette thèse comparera les performances entre les entreprises familiales et non-familiales en Chine. / The academic research about family businesses has spread out for years, and lately in broader field and more in-depth discussion. In China, the research about family businesses is not only relied on anecdotal observation and theoretical explanation, but also more and more empirical investigation and rational choice models were utilized in recent years. This paper compares the performance of family businesses (FBs) with non-family businesses (NFBs) in China for listed companies in Shanghai and Shenzhen Stock Exchanges. In addition, the paper finds better performance of FBs compared to NFBS, and among the former better performance of strong-controlled FBs compared to weak-controlled FBs in China.

O processo de sucessão nas empresas familiares é bastante estudado na administração. Nesse trabalho aborda-se essa questão pela ótica das mulheres sucessoras em empresas consideradas de ramos preponderantemente masculinos, fazendo-se assim uma análise da perspectiva do feminino. Com o objetivo de investigar os elementos que explicam o processo de legitimação das mulheres sucessoras em empresas familiares, assumindo a perspectiva da própria sucessora, dos sucedidos e dos funcionários familiares e não familiares. Por meio de uma pesquisa qualitativa, buscou-se com estudos de casos múltiplos caracterizar as empresas em análise quanto ao ramo de atuação, estrutura e posicionamento no mercado; descrever o processo sucessório de cada empresa estudada; descrever o processo de preparação das mulheres sucessoras para assumirem a direção nas empresas analisadas; identificar os principais desafios, dificuldades e os conflitos vivenciados pelas mulheres sucessoras ao longo de suas trajetórias nas empresas; analisar o processo sucessório e a legitimação das sucessoras na perspectiva dos funcionários e gestores familiares e não familiares. Os resultados do trabalho demonstram que as mulheres sucessoras estão legitimadas nos cargos de direção, embora tenham enfrentando diversos obstáculos tanto no que diz respeito ao processo de sucessão como à barreiras de gênero. As mulheres sucessoras construíram suas carreiras ao longo dos anos, ao lado dos pais sucedidos ou em outras empresas; não tiveram disputas pelo poder com irmãos ou outros parentes do sexo masculino; algumas não foram a primeira opção dos sucedidos, mas a capacidade e profissionalismo superaram a questão de gênero na determinação do sucessor para as empresas aqui estudadas. / The process of succession in family businesses is well studied in administration. In this paper, this issue is approached from the standpoint of women successors in companies considered to be predominantly male, thus making an analysis of the feminine perspective. With the objective of investigating the elements that explain the process of legitimizing successor women in family businesses, assuming the perspective of the sucessor woman herself, succeded and family and non - family employees. Through a qualitative research, it was sought with multiple case studies to characterize the companies in analysis as to the branch of performance, structure and positioning in the market; describe the succession process of each company studied; describe the process of preparing the successor women to take the command in the companies analyzed; identify the main challenges, difficulties and conflicts experienced by women successors throughout their trajectories in the companies; analyze the succession process and the legitimacy of successors women from the perspective of family and non-family employees and managers. The results of the study show that successor women are legitimized in management positions, although they face several obstacles both in terms of succession process and gender barriers. Successor women have built their careers over the years, alongside of their parents or in other companies; They did not have power struggles with siblings or other male relatives; some were not the first choice of successors, but the capacity and professionalism overcame the gender issue in determining the successor for the companies studied here.

O objetivo deste trabalho é a proposição de um modelo de implementação de governança nas empresas familiares de pequeno e médio portes, de modo que mais organizações reduzam seus conflitos e se liberem de um dos principais obstáculos a sua perpetuação. A participação das empresas familiares no conjunto de organizações no Brasil é muito alta e ações que tenham como objetivo a melhoria da sua sobrevivência têm um grande impacto na economia nacional. Os conflitos familiares permeiam grande parte dessas empresas e são especialmente mais críticos em processos sucessórios. A pesquisa foi realizada de forma qualitativa e como delineamento foi utilizado o estudo de casos múltiplos. Para sua realização, foram selecionadas três empresas familiares inseridas nos critérios de escolha definidos, quais sejam: serem de pequeno ou médio porte; estarem em processo de troca de comando da primeira para a segunda geração, ou mesmo tê-lo concluído em um período de até quatro anos; possuírem protocolos familiares e conselhos de família ou societário ou, pelo menos, estarem em uma fase adiantada de implementação desses instrumentos. Como consideração final, é proposto um modelo de implementação de governança na empresa familiar, construído a partir da participação dos respondentes, os quais confirmaram a redução de conflitos em resultado da aplicação de conselhos de família e societário e do protocolo familiar. / The purpose of this work is the proposition of a governance implementation pattern for small and medium sized family enterprises, so that more organizations would be able to reduce conflicts and liberate themselves from some of the main obstacles to their perpetuation. The participation of family enterprises in the ensemble of the Brazilian organizations is very high and the actions taken to improve their conditions to survive have a great impact on national economy. Family conflicts permeate a large number of these enterprises and are especially critical during succession processes. The research was developed in a qualitative form and the study of multiple cases was used as delineation. To its realization three family enterprises were selected according to the defined choosing criteria, that are: to be of small or middle size, to be in the process of changing the command from the first to the second generation or to have finished it four years ago at the most; to have family protocols and family or societary councils or, at least, to be in an advanced phase of the implantation of these tools. Finally, it is proposed a model of governance implementation in the family enterprise, built with the participation of those involved in the enterprise who have confirmed the reduction of conflicts as a result of the utilization of family councils, societary and family protocols.