Open AccessFamily Business Succession in the V3 Countries
Author(s) -
Martin Luštický,
Martin Musil
Publication year - 2021
Publication title -
trendy v podnikání
Language(s) - English
Resource type - Journals
eISSN - 2788-0079
pISSN - 1805-0603
DOI - 10.24132/jbt.2021.11.2.14_25
Subject(s) - czech , business , ecological succession , succession planning , process (computing) , process management , family business , face (sociological concept) , knowledge management , marketing , computer science , sociology , finance , ecology , social science , philosophy , linguistics , biology , operating system
This paper reacts on one of the main issues the family businesses are facing with – handling the business succession process. The aim of the paper is to analyze the process of family business handover and its support from a side of the regional authorities in the South Bohemia Region (Czech Republic), the Presov Region (Slovakia) and the Mazowiecke Region (Poland). The research framework combines face-to-face interviews and impersonal questionnaire survey to obtain data. It applies standard management data analyzing methods to identify the key strategic objectives and tasks for facilitating and sustaining the family businesses and the business succession process. The objectives and tasks are structured in the following areas: (I) Information Gathering & Monitoring, (II) Planning & Implementation, (III) Support & Facilitation, (IV) Cooperation & Coordination. In addition, the tasks are enriched of various good practices from analyzed regions to enhance their impact in practice.