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SUCCESSION STRATEGIES OF POLISH FAMILY ENTERPRISES
Abstract
The aim of this article is to discuss the findings of the research carried out in the years 2012 – 2014 identifying models and conditions of succession processes in Polish family enterprises. The research consisted of quantitative and qualitative part. The studies show that in the majority of firms, although the generational change has not yet taken place (the percentage of firms in the second and next generations is exceptionally low), there is no striving for actions that would solve the problem of maintaining business continuity. The family enterprises on which the studies were conducted are characterized by a low succession potential which is also seen through a small percentage of firms indicating strategic goals related to passing the business on to the next generation as well as a small proportion of firms solving the succession issue in a formal way, in the form of a plan. The findings of the research can develop a set of good succession practices as a tool for succession process planning in family enterprises.
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