Succession in family businesses: an opportunity to change the business model

Mohamed Ouiakoub and Thierry Poulain-Rehm

International Journal of Entrepreneurship and Small Business, 2025, vol. 54, issue 1, 98-129

Abstract: Succession is a critical moment in the life of family firms. It often takes several years, during which time the predecessor gradually gives way to their successor. Although it can be an opportunity to change the business model (BM), the predecessor can often find it difficult to accept. Here, we report on a study of the characteristics of the BM in a sample of Moroccan family businesses, and explore the role of succession in its evolution. Our results show that inter-generational renewal is a key determinant. In particular, we find that a period of joint management, when the successor and their predecessor share responsibilities, allows the successor to propose changes. This approach also ensures that any conflicts that may arise between the predecessor, who seeks a certain level of stability, and the successor, who is hungry for change, can be managed by a dialogue that unfolds within the family.

Keywords: business model change; succession; family business; conflicts. (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=142891 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:54:y:2025:i:1:p:98-129

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().