An Agribusiness H.R. Issue: Succeeding at Succession in the Family Business

The issue of succession in family owned agribusinesses may be a contentious matter, but it need not be if carefully considered well in advance of the need to seek a new leader. Nevertheless, succession is particularly disruptive since the founder-owner has been central to shaping and developing the company. At the early stages it is crucial that companies improve succession by strengthening the company’s leadership development and focus on those people, internal and external, who might one day take on the role of CEO. Potential new leaders must be good for the company’s existing customers, for the company itself and for the management team. A leadership development program which considers succession as a central element at all levels in the company can be a major part of the company’s value proposition, one that competitors cannot understand, let alone imitate.


Editor(s):
IFAMR, IFAMA
Issue Date:
Jun 14 2012
Publication Type:
Journal Article
DOI and Other Identifiers:
IFAMR (ISSN #: 1559-2448) (Other)
PURL Identifier:
http://purl.umn.edu/129179
Published in:
International Food and Agribusiness Management Review, Volume 15, Special Issue A
Page range:
69-72
Total Pages:
4
JEL Codes:
Q13
Note:
This essay is one of 23 featured authors from around the world discussing the challenges and solutions to filling the global talent gap in agribusiness. www.ifama.org
Series Statement:
15
Special Issue A




 Record created 2017-04-01, last modified 2017-05-27

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