IN&OUT Model: Knowledge Management Applied to the Succession Process in Family Business

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Author(s): Maria Sarabia (University of Cantabria, Spain), Maria Obeso (University of Cantabria, Spain)and Elaine Philpott (University of Bedfordshire, UK)
Copyright: 2017
Pages: 15
Source title: Organizational Culture and Behavior: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-1913-3.ch014

Keywords: Business & Management / Business & Organizational Research / Business and Organizational Research / Business Science Reference

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Abstract

Evidence suggests that only 30 per cent of family businesses survive after the first generation. The purpose of this paper is to explain how the unique culture and knowledge forms, which are identified as intangible and relevant advantages on family businesses, can be protected through leadership succession. IN&OUT succession model is built on three previous frameworks: Denison culture model, Nonaka and Takeuchi's knowledge creation and next-generation socialization theory. The IN&OUT model presents a step-by-step process where the successor receives from the founder and from the business (IN); and the successor contributes to the group and to the organization (OUT), creating a dynamic loop of biographical leadership.

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IN&OUT Model: Knowledge Management Applied to the Succession Process in Family Business

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