Passing the baton: The importance of sequence, timing, technique and communication in executive succession

Bruno Dyck, Michael Mauws, Frederick A. Starke, Gary A. Mischke

Research output: Contribution to journalJournal Articlepeer-review

221 Citations (Scopus)

Abstract

The extensive literature on executive succession gives only scant attention to the actual process of succession. To better understand the dynamics of the succession process, the analogy of a relay race is suggested, where success is influenced by four factors: sequence, timing, baton-passing technique, and communication. These four factors are used as a framework for a longitudinal examination of a failed executive succession in a small, family-owned manufacturing firm. In-depth examination of the attempted succession showed that the four themes are helpful in working toward the development of a general theory of executive succession.

Original languageEnglish
Pages (from-to)143-162
Number of pages20
JournalJournal of Business Venturing
Volume17
Issue number2
DOIs
Publication statusPublished - Mar. 2002

Keywords

  • Baton-passing technique
  • Executive succession
  • Family business

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