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The determinants of successful family business successionPrior, Stuart Walter 16 March 2013 (has links)
Family businesses represent a large proportion of the businesses registered in South Africa today, however very few of these businesses will cease to exist after the first generation. This represents a great loss in skills and wealth transfer, and a chance to contribute to economic growth. Family businesses need to learn how to manage the factors that affect the succession process. Therefore the aim of this study is to provide family business owners and managers with a keen insight of the determinants of successful family business succession.This research project consists of the analysis of eight South African family business case studies. Primary data was collected through semi-structured, in-depth discussions with family members in various capacities of ownership and management in the family business. A conceptual model was created to try and assist family businesses to understand the determinants of successful succession.Five key determinants were identified with a plethora of antecedent factors. The model acts as a mechanism to try and understand the various elements of the family business system and subsystems, and how they interact with each other at different stages of the business life cycle. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted
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Successful Succession in Family Businesses : Individual Level Factors and Succession Planning Models.Aleem, Majid, Islam, Md. Shariful January 2009 (has links)
<p>Individual level factors related to the successor have a central role to play in the succession process of the business. When these factors are viewed in relation to succession planning models, these factors have a direct relation to the succession models in terms of success or failure of the succession process. The major contributing factor to the success or failure of the succession process is that of the leadership provided to the organization by the predecessor. These leadership qualities change from one form to another during different phases of the succession planning models.</p>
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Successful Succession in Family Businesses : Individual Level Factors and Succession Planning Models.Aleem, Majid, Islam, Md. Shariful January 2009 (has links)
Individual level factors related to the successor have a central role to play in the succession process of the business. When these factors are viewed in relation to succession planning models, these factors have a direct relation to the succession models in terms of success or failure of the succession process. The major contributing factor to the success or failure of the succession process is that of the leadership provided to the organization by the predecessor. These leadership qualities change from one form to another during different phases of the succession planning models.
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O processo sucessório na empresa familiar: o caso da carballo faro & cia ltda (PERINI)Silva Junior, Enio Gomes da January 2006 (has links)
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Previous issue date: 2006 / Esta dissertação tem como objetivo analisar o processo sucessório da empresa familiar
Perini, desde a sua fundação, em 1964, até 2005, ano previsto para a conclusão desse
estudo, buscando identificar as suas diversas fases, características e desafios. Pretendese,
ainda, fornecer subsídios para que novos estudos sejam desenvolvidos nessa área e
estimular reflexões aprofundadas sobre o tema. A metodologia adotada para alcançar o
objetivo proposto caracteriza-se por ser eminentemente qualitativa e utilizar como
estratégia de pesquisa o estudo de caso do tipo exploratório-descritivo, adotando as
seguintes técnicas de coleta de dados: entrevista, questionários e análise de documentos.
Desse modo, para o estudo de caso integrante desta pesquisa, conduzido na organização
Carballo Faro & Cia Ltda (Perini), elaborou-se a seguinte questão de partida: Como se
desenvolveu o processo sucessório da Perini desde a sua constituição, em 1964, até o
ano de 2005? Para auxiliar na elaboração de uma resposta para esse questionamento, o
presente estudo utilizou como modelo de análise o Modelo Tridimensional de
Desenvolvimento concebido por Gersick e outros (1997). Após a execução da pesquisa,
chegou-se à conclusão de que ao longo do período estudado o processo sucessório da
Perini foi marcado por três fases, cada uma com seus próprios desafios e características:
A primeira fase foi a de Proprietário-controlador / Jovem Família Empresária / Empresa
Nova, a segunda foi a de Sociedade entre Irmãos/ Híbrida de Jovem Família Empresária
com Entrada da Família na Empresa / Híbrida de Empresa Nova com Empresa em
Expansão – Formalização e por fim a terceira foi a de Proprietário-Controlador /
Híbrida de Jovem Família Empresária com Entrada de Família na Empresa / Híbrida de
Empresa Nova com Empresa em Expansão – Formalização. / Salvador
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The mechanisms and process of succession in industrial family businesses : case studies in the Iranian contextBehzadan, Behrouz January 2015 (has links)
Management in industrial family businesses in textiles, in a politically-charged Iran, tends to seek continuity through inter-generational succession. Scant research into the phases involved and the influences in this regional context means that it would be commercially advantageous to understand how such families manage the process of succession, and what these influences actually are. Thus, initially a broad literature review was conducted in the area of family business succession, to discern whether the succession process of Iranian family business is aligned with existing literature; a conceptual framework representing succession in the target group was developed; and broad influential factors on the abovementioned succession process were identified, and probed for their criticality. Subsequently, this work follows an inductive approach of constructing theoretical frameworks from looking interpretively across multiple case study findings, from company interviews where successors were male, female and joint-tenure. It initially devotes considerable attention to articulating themes of the drivers and challenges, and transition strategy, before distilling through cross-case analysis the essential influential factors and what defines the phases that a successor proceeds through, from both successor and predecessor perspectives. Finally these are discussed with a number of insights coming into focus, namely the peculiarities of: the environment given the governance issues and internationally sanctioned business conditions; the foreign education experience of English-speaking successors and their autonomy as part of their identity alongside their surpassing of the predecessor academically which drives modernisation; and trust as a clear milestone marker. Notably, the widely accepted conceptualisation of succession in four phases – initiation, integration, joint reign and withdrawal – is extended in this work to include an initial phase, priming, supported by substantive literature on affective commitment arising from parent-child relations. Further, a complex conceptual mapping of the innate phase-specific characteristics helps in the understanding of successor capacity and progress. Notwithstanding the limitations inherent from using a flexible instrument in a qualitative study across narrow business perspectives, and without claim to any single generalisation, management consultancy and practice might consider being alert to the above insights and pressures emanating from important points on the two conceptualised models. The study also has an exploratory aspect that opens up multiple avenues for further investigation into specific mechanisms within this type of transition.
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Succession within the Context of Family Firms in the GGVV-Region : Individual and Organizational Level FactorsGöhlin, Anna, Anna-Maria, Lipovac January 2019 (has links)
Background: Succession is a crucial concern for family business owners where an issue of importance is to retain the control within the family. Succession is a planned process which must be put in place to rearrange the leadership from one family member to another. It is a fragile process which requires a precise and in- depth planning as a result of the different essence of family firms. One of the most thriving and successful entrepreneurship regions in Sweden is the GGVV-region, Gnosjö, Gislaved, Värnamo and Vaggeryd, located in south of Sweden and consists of many family firms. Most of the companies in the GGVV-region are successful, at the same time, family firms in this region manage to go through successions and keep the business within the family. However, there is a little research available on succession within the GGVV-region. Purpose: The purpose of this research is to discover and examine the individual- and organizational level factors involved in succession for family members within family firms in the GGVV-region. The study will also identify what challenges family firms in this region deal with during the succession process. Method: The research was made with a qualitative approach, using in-depth, semi-structured interviews to collect the data. Ten face-to-face interviews were conducted with family firm owners in order to gather information about the succession process. An inductive approach has been used to analyze and interpret the data. Conclusion: It was concluded that common individual level- and organizational level factors has a major impact and is of importance when it comes to the succession process within the GGVV-region. Furthermore, it was also found that challenges such as; understand the complexity, clear work description andreleasing the control tend to have a crucial role within the succession process.
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A relação entre a implementação de mecanismos de governança corporativa e a evolução do processo sucessório em empresas de controle familiar: estudo de casos múltiplos / The relationship between the implementation of corporate governance mechanisms and the evolution of succession process in family-controlled firms: a multi-case studyFreitas, Livia Paulucci de 06 October 2015 (has links)
O processo sucessório pode ser visto como um dos fatores críticos para garantir a longevidade de muitas organizações, tendo em vista que é pertinente e natural a todas, sejam elas familiares ou não-familiares. O desafio, contudo, é o de atingir a manutenção apropriada das práticas de sucesso na conduta do negócio, bem como os valores morais enraizados pelos membros familiares ao longo do desenvolvimento do negócio, durante o processo sucessório. Em uma outra instância, a gestão dos interesses dos stakeholders pode ser visto como um dos principais pontos de conflitos nas organizações familiares, uma vez que a influência dos membros familiares varia em diferentes âmbitos, exercendo, portanto, considerável presença na determinação dos objetivos da organização. Estas intenções e objetivos enriquecem a importância do processo sucessório e das práticas de Governança Corporativa propiciando maior estabilidade e redução dos riscos face a necessidade da mudança na liderança e gestão da organização familiar. Esta abordagem contribui não só para voltá-las a uma maior vantagem competitiva na escolha do sucessor com maior potencial para exercer determinado cargo, mas para enriquecer a visão das práticas de governança junto às organizações familiares que visam garantir o sucesso já obtido por diversas gerações. A partir deste contexto, este estudo procurou investigar a implementação das práticas de Governança Corporativa presentes nas organizações familiares e sua evolução no processo sucessório. Visando alcançar este objetivo, realizou-se uma pesquisa de caráter qualitativo, por meio do método de estudo de casos múltiplos. Como principais sínteses dos resultados, conclui-se que a implementação destas práticas se tornou marco para a condução das transições nas empresas em foco, seja no âmbito da sucessão da gestão quanto da propriedade, além de garantir a união das gerações em prol do êxito do processo sucessório. / The succession process shall be considered as one of the critical factors to guarantee the longevity of many organizations, given that it is pertinent and natural to all of them, whether they are family-owned business or not. The challenge, however, is to achieve a appropriated maintainability of the successful practices concerning the way that the business is lead, as well as the moral values ingrained by the family members throughout the business development, during the succession process. In another instance, stakeholder\'s interests management shall be considered as one of the primary conflict points in family firms, seen that the family members influence varies in different scopes, exerting, therefore, considerable presence in the determination of the firm\'s objectives. These intentions and objectives enrich the importance of the succession process and Corporate Governance practices promoting a greater stability and risk reduction vis-à-vis its need of changing in the family firm\'s management and leadership. This approach contributes not only to turn them to a more relevant competitive advantage in the choice of a high potential successor to wield certain role, but to augment the view of governance practices along family firms that aim to ensure the success already obtained by other generations. Thereafter, this study seeks investigating Corporate Governance practices implementation existent in family firms and its evolution regarding succession process. Aiming to reach this objective, it is intended to conduct a qualitative research by means of a multiple case study method. As a result of the main findings, it is concluded that the implementation of these practices have become a threshold to the conduct of transitions in the companies in study, either in the succession of the business or ownership, besides guaranteeing the union of generations to achieve the success of the succession process.
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O processo sucessório em empresas familiares paulistas: uma abordagem psicológica sobre a família empresária / The succession process in family business of São Paulo: a psychological approachParanhos, Marina 25 February 2015 (has links)
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Previous issue date: 2015-02-25 / Conselho Nacional de Desenvolvimento Científico e Tecnológico / The present work had as its aims: 1) to understand how time perception
influences the succession process in family business; 2) to comprehend how the
family myths affect the succession process in family business; 3) to perceive how
occurs the links in dimensional spaces along with the succession process in
family business. We adopted a qualitative investigation approach through case
study. The analysis is taken under the systemic perspective. Had participated of
this research: three family member of business family in its first generation; three
family member of business family in its second generation; three family member
of business family in its third generation with ages between 29 and 58 years
old, from both genders. We used the following methods: semi-structure
interviews, genogram and observation. The results show that the life cycle of both
- family and business, influences the way of thinking and planning succession.
We also identified the impact of the family myths on the succession process by
repetition of the preceded generation models or by adjusting and transforming
the myths according to the family, business and individual demands. The results
also indicate different types of space appropriation: through resistance to actions
or by innovations movements that embrace the symbolic identification with the
family business place. Suggestions for future research are presented and the
relevance of including the dimensional space in the family business area of
studies are stressed / O presente trabalho teve como objetivos: 1) compreender como a
percepção do tempo influencia o processo sucessório e as relações da família
empresária; 2) conhecer como os mitos familiares ensejam o processo
sucessório da empresa familiar; 3) conhecer como se dão as articulações de
dimensões espaciais no processo sucessório da empresa familiar. Para tanto,
utilizamos a abordagem da pesquisa qualitativa com delimitação de estudo de
caso, e sua compreensão é feita a partir do referencial sistêmico. Participaram
dessa pesquisa três pessoas de uma mesma família de uma empresa familiar
de primeira geração; três pessoas de uma mesma família de uma empresa
familiar de segunda geração e ainda, três pessoas de uma mesma família de
uma empresa familiar de terceira geração. Somando, assim, 9 participantes de
ambos os sexos, com idades entre 29 e 58 anos. Foram utilizadas como métodos
de coleta de dados: entrevista semiestruturada, a técnica do Genograma e visita
ao espaço empresarial. A partir da análise dos resultados, identificamos que o
ciclo vital confluente da combinação empresa-família vai influenciar no modo de
proceder e planejar a sucessão. Foi possível também perceber que os mitos
familiares compõem significativamente o processo sucessório da empresa
familiar. O modo de perceber, planejar e executar a sucessão estará
necessariamente consonante às crenças e valores da família, assim, o processo
sucessório pode fluir no sentido de repetir os modelos aprendidos nas gerações
anteriores ou no sentido de transformar os mitos ajustando-os às necessidades
do indivíduo, da família e da empresa. Os resultados evidenciaram processos de
apropriação do espaço empresarial, tanto no que concerne a resistência às
mudanças como no que diz respeito aos movimentos de inovação que
perpetuam a identidade simbólica atribuída ao sistema empresa familiar.
Sugerimos que novas pesquisas com empresas familiares sejam realizadas
incluindo a dimensão espacial a partir de uma perspectiva relacional
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Governança corporativa e empresas familiares em processo sucessório : a visão de consultores e de famílias empresáriasVelloso, Simone Pitten January 2012 (has links)
Estudos sobre empresas familiares tem se mostrado crescentes nos últimos anos, e indicado a relevância da questão sucessória à continuidade de tais empresas para futuras gerações. A governança corporativa tem sido apresentada como alternativa de monitoramento e transparência à boa resolução do processo sucessório. Sua aceitação por parte dos membros de empresas familiares, entretanto, ainda esbarra na carência de conhecimento de experiências acerca de sua real eficácia. Diante disso, com o objetivo de descrever e analisar a governança corporativa na empresa familiar na visão de consultores e de membros de famílias empresárias desenvolveuse pesquisa exploratória de orientação qualitativa que congregou a base teórica relativa à governança corporativa a empresas familiares. A coleta de dados deu-se por meio de entrevistas individuais semiestruturadas com consultores em governança corporativa e membros da segunda e terceira geração de famílias empresárias. Analisados à luz da literatura pertinente, os dados apontam que tanto consultores como membros de famílias empresárias compartilham visão favorável à relevância da governança corporativa às empresas familiares em processo sucessório. Além disso, compartilham a visão de que apesar de o processo sucessório ser árduo, longo e de envolvimento emocional expressivo; por meio de regras, estruturas definidas de papéis, e possibilidade de minimizar os conflitos latentes nas relações existentes, a ação da governança corporativa fortalece a empresa familiar para crescer e se desenvolver, perpetuar-se, e, inclusive, tornar-se mais atrativa ao mercado. / The studies on family companies have significantly increased in the past years, indicating the succession relevance for the longevity of these companies to future generations. Corporate governance has been presented as monitoring in a transparent way the succession process. Its acceptance from members of familiar companies, however, is not easy due to the lack of information regarding its actual effectiveness. Aiming to describe and analyze the corporate governance in family business from the consultant and members of the family business point of view, it was developed an exploratory research on a qualitative basis that highlighted the theory concerning corporate governance in relation to family business. The collection of data was through individual semi structured interviews with corporate governance consultants and members from the second and third generation of entrepreneur’s families. Analyzed by a consistent literature, the data indicates that both consultants and members of entrepreneur’s families share a favorable vision to the relevance of the corporate governance to the entrepreneur’s families in a succession process. Besides that, they share a view that even though the succession process is tough, long and requires a high emotional involvement, the action of the corporative governance fortifies the family business to grow and to develop, to perpetuate and also to become more attractive to the market through some rules, structures defined of roles and the possibilities of minimizing the latent conflicts in the relationships.
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A maturidade do processo de sucessão: um estudo multicaso em empresas famíliares da serra gaúchaFerrazza, Elisangela 09 September 2010 (has links)
As empresas familiares formam a base econômica que sustenta o processo de criação de bens e serviços na Serra Gaúcha, região nordeste do Estado do Rio Grande do Sul - Brasil. Nesse sentido, a concorrência em todos os segmentos e a globalização da economia tem exigido dessas empresas um nível de profissionalização cada vez maior. Além desse desafio, as empresas familiares enfrentam dificuldades internas, por exemplo, problemas em distinguir as esferas família, propriedade e empresa. Assim sendo, faz-se necessário que as empresas familiares planejem sua continuidade no mercado, desenvolvendo e gerenciando o processo de sucessão para as gerações futuras e sua própria sustentabilidade. No intuito de verificar como as empresas familiares tratam e gerenciam esse assunto, este trabalho teve o objetivo de diagnosticar o estágio de maturidade do processo de sucessão nas empresas familiares da Serra Gaúcha a fim de oferecer diretrizes estratégicas para a transmissão do comando empresarial e para a continuidade do negócio. Para isso, foram realizados estudos de casos em seis empresas familiares desta região, a partir da realização de entrevistas com os sucessores e, mediante a análise de conteúdo das respostas dos mesmos, foi verificado o nível de maturidade do processo de sucessão em empresas familiares da Serra Gaúcha, em consonância com o referencial teórico utilizado. / Submitted by Marcelo Teixeira (mvteixeira@ucs.br) on 2014-06-02T18:40:39Z
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Dissertacao Elisangela Ferrazza.pdf: 941587 bytes, checksum: aea760e44b255e9df153ce1e7fccf50e (MD5) / Family businesses form the economic base that sustains the process of creating goods and services in the Serra Gaúcha, northeast of Rio Grande do Sul - Brazil. In this sense, competition in all segments and the globalization of the economy has required of these companies a level of increasing professionalism. In addition to this challenge, family businesses face internal difficulties, e.g., problems in distinguishing the family, property and business spheres. Therefore, it is necessary for companies to plan their family continuity in the market, developing and managing the succession process for future generations and their own sustainability. In order to see how family businesses manage and deal with this issue, this paper aims to diagnose the stage of maturity of the succession process in family firms of the Serra Gaúcha to provide strategic guidelines for the transfer of corporate control and the business continuity. For this, case studies will be conducted in six family businesses in this region, based on interviews with the successors and, through content analysis of responses to them, will be checked the level of maturity of the succession process in family businesses of this region, in line with the theoretical analysis.
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