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Bringing the family business community together

Daughters Taking Over The Family Firm From Dad

29th September 2013 John Tucker & Lorna Collins

Looking at the issues and challenges associated with father to daughter transitions.

Succession is likely to be the topic most frequently discussed in the family business context. It is found that the ideal recipe towards successful succession varies according to family mentality and business structures. While the word succession is typically associated to the passing of the business from father to son, it happens more and more often that businesses are passed on from father to daughter. How are daughters integrated as leaders of a family firm? What do we know about the experiences of daughters, on how they succeed in family firms and the nature of their relationships with their fathers? In their article Dr. Lorna Collins, Director of Family Business Research at Bristol Business School, University of the West of England, UK, and John Tucker, Director of The