THE LEADERSHIP FROM THE SUCCESSION PROCESS IN THE MEXICAN FAMILY ENTERPRISE, EL LIDERAZGO A PARTIR DEL PROCESO DE LA SUCESION EN LA EMPRESA FAMILIAR MEXICANA
Yolanda Saldana Contreras,
Fernando M. Ruiz Diaz,
Laura Leticia Gaona Tamez and
Daniela Guadalupe Jacobo Martinez
Revista Global de Negocios, 2016, vol. 4, issue 6, 69-79
Abstract:
The most dangerous period that faces a family business is when passing from a leadership style that worked during the time of the founder to a new style practiced by the successor among brothers and cousins. The objective of this work is to determine a successor can evaluate his/her aptitude for the new post and which strategies should be developed with the aim to exercise a leadership that guarantees continuity and growth of the family business. To achieve the proposed objectives, we carried out field research. The survey was administered to 18 business second-generation family CEO’s in the state of Coahuila’s Center Region. The results obtained show that the majority of the interviewed affirm that they can comply with the formal requirements, but need to strengthen their ability to face circumstantial proofs and to overcome political tests. We present some strategies that allow the successors to exercise a leadership suitable to the organizational and family circumstances that are confronted with by succession
Keywords: Leadership; Second Generation; Family Business (search for similar items in EconPapers)
JEL-codes: M12 M14 M15 M19 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:rgnego:v:4:y:2016:i:6:p:69-79
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