Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)

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Research on the Impact of Successor Training Modes on Succession Performance in Family Business

Authors
Qu Yawei1, *
1Westa College, Southwest University, Chongqing, 400716, China
*Corresponding author. Email: Quyawei@outlook.com
Corresponding Author
Qu Yawei
Available Online 14 February 2024.
DOI
10.2991/978-94-6463-368-9_77How to use a DOI?
Keywords
Family business; The training of successor; Succession performance; Challenges; Strategies
Abstract

Entering the high-quality development stage of family businesses in the new era, how to better meet the diversified needs in inheritance has become a vital issue. This paper focuses on the influence of training modes of family business successors and succession performance. Furthermore, this paper puts forward three industrial development strategies under the challenges brought by technology. First, the two-way migration strategy, balancing innovation and stability, achieves effective migration by improving the quality of training. Second, the shared governance strategy strengthens system optimization and decision support. Achieve intelligent decision-making and successor cultivation by establishing a regulation and governance system. Third, return to the essence. Seek the balance between tradition and innovation to ensure the inheritance and development of family businesses. Based on the comprehensive research results, this paper noted that the sustainable development of family businesses and the improvement of succession performance can be achieved by improving the training model, standardizing management, strengthening technical support, and responding to challenges.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
14 February 2024
ISBN
10.2991/978-94-6463-368-9_77
ISSN
2352-5428
DOI
10.2991/978-94-6463-368-9_77How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Qu Yawei
PY  - 2024
DA  - 2024/02/14
TI  - Research on the Impact of Successor Training Modes on Succession Performance in Family Business
BT  - Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)
PB  - Atlantis Press
SP  - 646
EP  - 652
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-368-9_77
DO  - 10.2991/978-94-6463-368-9_77
ID  - Yawei2024
ER  -