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Summary: Father And Daughter Relationship In Family Business

819 Words4 Pages

Family business issues:
• Family values and family business dynamics
• Ownership and succession in the family business
• Growth, governance and culture
• Ownership and control
• Network research In the family business
• An issue on Father and daughter relationship in the family business

Topic: Father and Daughter relationship as an issue in the family business

Research question: Can fathers and daughters relationship in the family business affect the performance of the business.

Background
The predecessor normally has a stronger relationship with the daughter regarding the family business, he fully relies on her to one day be the successor and run the business.
Broadening our understanding of family businesses, having a male …show more content…

The daughters took over the role of being CEOs or have taken over the position of CEO in the family business this has also brought a lot of conflict within the organisation between the family and non-family organisation. The female leadership have continued over 30% and have also indicated that they may have female successor of which it has caused a lot of conflict among family members who have more qualifications than the one selected for the position as it also applies to the non-family employees who have more experience. The other 70% they fail or are sold (stalk and foley …show more content…

According to (Dumas, 1989: Vera and Dean 2005) the daughters have a lack of training in an early age and socialisation can affect succession planning between fathers and daughters.
(Salganicoff, 2012) daughters in family business are seen stereotypical form of a “Little Girl” image. As usual daughters face difficulties in getting accepted by the family and non-family employees (dumas, 1989; Vera and Dean, 2012. These issues can have an impact in the father and daughter relationship. Daughters can be given a position where by they are not qualified and that can cause a conflict because some employees are qualified and have more experience for the job.
Trust:
Szulanski (2012) have argued that quality in the relationship intimacy and in some of the effectiveness of knowledge transfer. Chirica and Salvato have argued that knowledge transfer can be hindered by the relationship quality. Dumas, 2012) father-daughter relationship are less competitive and are harmonious than the father and daughter relationship. Fathers and daughters have a strong relationship of which it happens that when they have an argument about something it can lead to making decisions based on the emotions than making them based on the best interest of the

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