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Conceptual Model

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Transitioning from the Top

Part of the book series: A Family Business Publication ((AFBP))

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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.

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Notes

  1. 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).

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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

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