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- Title
Knowledge Transfer through Leadership Succession in Intergenerational Family Firms.
- Authors
Klenke, Karin
- Abstract
This article describes and explicates a conceptual model that links generational and contextual characteristics of the baby boomer, Generation X, and Generation Y cohorts to knowledge transfer (KT) effectiveness moderated by leadership succession in intergenerational family firms. The model is comprised of the (a) intergenerational and contextual characteristics of the cohorts; (b) leadership succession as the nexus that links intergenerational cohorts and KT, and (c) KT effectiveness. After a brief review of the contextual and generational characteristics of the primary three generations populating the current workplace and a discussion of the nature and dynamics of small family firms, I conceptualize leadership succession as a process of KT involving the founder, successor(s), and the family firm that represent different knowledge repositories developed and maintained by different generations at different times. Research has shown that only 38% of organizations are effective at capturing knowledge of key employees without documenting relationships, procedures, and processes (Raytheon Professional Services, 2015). The article closes with a discussion of available KT quantitative and qualitative measures that can be employed to test the proposed model and a discussion of the role of leadership in KT effectiveness.
- Subjects
EXECUTIVE succession; FAMILY corporations; KNOWLEDGE transfer
- Publication
International Leadership Journal, 2018, Vol 10, Issue 1, p3
- ISSN
1944-7426
- Publication type
Article