To whom does a father, retiring from his life as a successful entrepreneur, pass control of the business he has built? Once it would always have been his eldest son, but increasingly women are becoming involved in family firms having risen to positions of influence and leadership. Using revealing case studies from the daughters who succeeded their entrepreneur fathers in a wide variety of challenging situations, cultures and continents, Father-Daughter Succession in Family Business discusses the changes which have led to daughters gaining influence in more and more family businesses. It looks at the tensions this succession can produce between old notions of how men and women should behave, and the new style of leadership that often comes about when a woman takes the helm. This book will help consultants, business educators, and researchers, as well as those who are themselves involved in significant family managed enterprises to better understand why it can no longer be assumed in any part of the World that the first born son will take over the reins of the family business.
Daphne Halkias, PhD. is Senior Research Fellow, The Center for Youth and Family Enterprise (CYFE) at University of Bergamo in Italy; Research Affiliate at the Institute for Social Sciences at Cornell University and Affiliate, Institute of Coaching, McLean Hospital at Harvard Medical School, Massachusetts, USA Paul W. Thurman, MBA is Clinical Professor, School of International and Public Affairs, Mailman School of Public Health and Columbia Business School, Columbia University in New York, USA . Celina Smith, PhD. is Assistant Professor of Entrepreneurship at EMLYON Business School in Lyon, France and a Visiting Fellow at Imperial College, UK. Robert Nason, MBA is Global Program Manager of the STEP Project for Family Enterprising at Babson College, Massachusetts, USA and a Board Member of the New England Chapter of the Family Firm Institute.