CHALLENGES OF WOMEN IN SUCCESSION PROCESSES IN FAMILY BUSINESSES:
LEADERSHIP, COMPETENCIES, AND LESSONS LEARNED
Keywords:
Family business, Gender, Female leadership, Knowledge management, SuccessionAbstract
The objective of this exploratory study was to investigate the difficulties faced by women in succession processes in family businesses. We used a survey with a sample of 126 people (men and women), who expressed their opinions on the subject. Later, two female heiresses were interviewed in order to obtain more in-depth data and analyses. The results show that gender bias issues are still present both in social and family relationships and in complex organizational structures. It also points out that women need to develop skills that strengthen their emotional intelligence, resilience and self-confidence to overcome the challenges imposed by their female condition. The limitation of the study lies in the non-probabilistic sample, and it is suggested that new, more comprehensive studies be carried out.
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