Planning the next generation for family business: affecting factors on successes succession at Padang city

Dahliana Kamener, Norasekin Ab. Rashid and Daniati Puttri

International Journal of Applied Management Science, 2021, vol. 13, issue 4, 339-358

Abstract: This study aimed to examine the role of strategic planning as a mediate in affecting succession planning, non-family leadership on the successful succession of family businesses. The population is the family businesses in the second or third generation. One hundred managers or CEOs of the family businesses were selected as samples using purposive and convenience sampling technique. Quantitative analysis methods are applied to analyse the data. The result showed that succession planning does not significantly affect the successful succession of family businesses. Nevertheless, the effect of succession planning is significant to strategic planning, and strategic planning was significant affected success succession. Therefore, succession planning is fully mediated by strategic planning through the success succession of family business. Furthermore, non-family management does not significantly and directly affect the successful succession, and neither, non-family management is mediated by strategic planning through the successful succession of the family business.

Keywords: succession planning; non-family management; strategic planning; success succession. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ids:injams:v:13:y:2021:i:4:p:339-358

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