Abstract
The conceptual model of this book examines the internal readiness of the retiring leader for the transition, and the system readiness of their family and business, along with the broader context in which these subsystems exist. These interrelated elements influence the planning, options, and reality for the leader’s post-work life. Internal readiness includes components of identity, change capacity, temperament, and health. Family system factors including marriage quality and the rising generation’s involvement in the business can affect personal continuity, as can the business’s health and overall leadership. The context, including the leader’s personal network and community of residence, also exerts influence on the leadership transition journey and outcomes.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Ageism is a common, growing problem, especially for members of the US Baby Boomer population ; that includes many transitioning family business leaders. For more, see Patricia Reaney, “Ageism in U.S. Workforce: A Persistent Problem Unlikely to Go Away,” Reuters, October 19, 2015, http://www.reuters.com/article/us-employment-discrimination-age-idUSKCN0SD1Z720151019 (accessed January 25, 2016).
Author information
Authors and Affiliations
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
de Pontet, S.B. (2018). Conceptual Model. In: Transitioning from the Top. A Family Business Publication. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-57804-4_2
Download citation
DOI: https://doi.org/10.1057/978-1-137-57804-4_2
Published:
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-137-57803-7
Online ISBN: 978-1-137-57804-4
eBook Packages: Business and ManagementBusiness and Management (R0)