During the generational succession, the leakage of knowledge results in one of the problems to be faced to ensure the survival of the firm itself, then its maintenance could be considered a useful solution, through the use of organizational strategies capable of recognizing fundamental and critical knowledge for the firm itself.
Published in Chapter:
The Generational Succession in Family Firms: The Role of Organizational Knowledge
Concetta Lucia Cristofaro (University Magna Græcia of Catanzaro, Italy), Anna Maria Melina (University Magna Græcia of Catanzaro, Italy), and Rocco Reina (University Magna Græcia of Catanzaro, Italy)
Copyright: © 2020
|Pages: 21
DOI: 10.4018/978-1-7998-2269-1.ch002
Abstract
Knowledge transfer is essential to managing a family firm's succession. Given the importance of knowledge in family firms, this chapter identifies, through an empirical approach, which are the main organizational strategies used for sharing, disseminating, and using the knowledge available as fundamental elements for survival and the development of companies in the phase of generational succession. The authors investigate the phenomenon and verify the evidence in some private health organizations interested in the generational change located in South Italy, given the lack of previous case studies. This chapter deepens the phenomenon and its recognizability by examining with a qualitative analysis of the problems existing in those who are currently living or have experienced this particular moment of business life.