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Abstract: Evidence suggests that only 30 per cent of family businesses survive after the first generation. The purpose of this paper is to explain how the unique culture and knowledge forms, which are identified as intangible and relevant advantages on family businesses, can be protected through leadership succession. IN&OUT succession model is built on three previous frameworks: Denison culture model, Nonaka and Takeuchi's knowledge creation and next-generation socialization theory. The IN&OUT model presents a step-by-step process where the successor receives from the founder and from the business (IN); and the successor contributes to the group and to the organization (OUT), creating a dynamic loop of biographical leadership
Fuente: International Journal of Knowledge-Based Organizations, 2015, 5 (1), 1-15
Publisher: IGI Pub.
Year of publication: 2015
No. of pages: 15
Publication type: Article
DOI: 10.4018/ijkbo.2015010101
ISSN: 2155-6393,2155-6407
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MARIA SARABIA ALEGRIA
MARIA OBESO BECERRA
PHILPOTT, ELAINE
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