Family business leadership transition: How an adaptation of executive coaching may help

Journal of Management and Organization

Volumn 15, Issue 3, 2009, Pages 378-391

  Härtel, Charmine E J ^a   Bozer, Gil ^a   Levin, Leon ^a  

^a MONASH UNIVERSITY   (Australia)

Author keywords

Executive coaching; Family business; Family enterprises; Family firms; Family controlled firms; Leadership; Succession decisions; Succession failure; Succession management; Succession planning

Indexed keywords

EID: 79953016107     PISSN: 18333672     EISSN: None     Source Type: Journal    
DOI: 10.1017/s1833367200002686     Document Type: Article

References (94)

1. Anderson RC, Mansi SA and Reeb DM (2003) Founding family ownership and the agency cost of debt, Journal of Financial Economics 68(2): 263-285.
2. Ashford SJ (1989) Self-assessments in organizations: A literature review and integrative model, Research in Organizational Behavior 11: 133-174.
3. Astrachan JH and Jaskiewicz P (2008) Emotional returns and emotional costs in privately held family businesses: Advancing traditional business valuation, Family Business Review 21(2): 139-149.
4. Awoniyi EA, Griego OV and Morgan GA (2002) Person-environment fit and transfer of training, International Journal of Training & Development 6(1): 25-35.
5. Baek-Kyoo BJ (2005) Executive coaching: A conceptual framework from an integrative review of practice and research, Human Resource Development Review 4(4): 462-488.
6. Baldwin TT and Ford JK (1988) Transfer of training: A review and directions for future research, Personnel Psychology 41(1): 63-103.
7. Bandura A (1982) The self and mechanisms of agency, In Suls J (Ed) Psychological perspectives 1: 3-39. Erlbaum Associates, Hillsdale NJ.
8. Barach JA and Ganitsky JB (1995) Successful succession in family business, Family Business Review 8(2): 131-155.
9. Barnes LB and Hershon SA (1976) Transferring power in the family business, Harvard Business Review July-August: 105-114.
10. Barnett J (1999) 'Survey says family businesses face crisis,' January 19, University of Waterloo News Release, Waterloo.
11. Barnett T and Kellermanns FW (2006) Are we family and are we treated as family? Non-family employees' perception of justice in the family firm, Entrepreneurship Theory & Practice November: 837-854.
12. Barry IP and Jacobs G (2006) Business succession planning: A review of the evidence, Journal of Small Business and Enterprise Development 13(3): 326-350.
13. Bass BM and Yammarino FJ (1991) Congruence of self and others' leadership ratings of naval officers for understanding successful performance, Applied Psychology: An International Review 40(4): 437-454.
14. Bennedsen M, Kasper MN, Francisco P and Wolfenzon D (2006) Inside the family firm: The role of families in succession decisions and performance. NYU Stern School of Business, National Bureau of Economic Research (NBER) working paper, Cambridge MA.
15. Blackmore J, Thomson P and Barty K (2006) Principal selection: Homosociability, the search for security and the production of normalized principal identities, Education Management Administration & Leadership 34(3): 297-317.
16. Carlock RS and Ward JL (2001) Strategic planning for the family business: Parallel planning to unify the family and business, Palgrave, Houndsmill.
17. Chiaburu DS and Marinova SV (2005) What predicts skill transfer? An exploratory study of goal orientation, training, self-efficacy, and organizational supports, International Journal of Training & Development 9(2): 110-123.
18. Chrisman JJ, Chua JH and Sharma P (2005) Trends and directions in the development of a strategic management theory of the family firm, Entrepreneurship Theory and Practice 29(5): 555-576.
19. Chua JH, Chrisman JJ and Sharma P (1999) Defining the family business by behavior, Entrepreneurship Theory & Practice 23(4): 19-39.
20. Davis P (1983) Realizing the potential of the family business, Organizational Dynamics 12(1): 47-56.
21. De Massis A, Chua JH and Chrisman JJ (2008) Factors preventing intra-family succession, Family Business Review 21(2): 183-199.
22. Diedrich RC (2001) Lessons learned in - and guidelines for - coaching executive teams, Consulting Psychology Journal: Practice & Research 53(4): 238-239.
23. Dreux DR IV and Brown BM (1994) Marketing private banking services to family businesses, International Journal of Bank Marketing 12(3): 26-35.
24. Dunemann M and Barrett R (2004) Family business and succession planning - A review of the literature, Family and Small Business Research Unit, Monash University, Melbourne
25. Dunn B (1995) Success themes in Scottish family enterprises, Family Business Review 8(1): 17-28.
26. Dyck B, Mauws M, Starke FA and Mischke GA (2002) Passing the baton: The importance of sequence, timing, technique, and communication in executive succession, Journal of Business Venturing 17:143-162.
27. Dyer G (1986) Cultural change in family firms San Francisco, Jossey-Bass, San Francisco CA.
28. Dyer WG Jr (2003) The Family: The missing variable in organizational research, Entrepreneurial Theory and Practice 27: 401-416.
29. Facteau JD, Dobbins GH, Russell JEA, Ladd RT and Kudusch JD (1995) The influence of general perceptions of the training environment on pre-training motivation and perceived training transfer, Journal of Management 21(1): 1-25.
30. Fox M, Nilakant V and Hamilton RT (1996) Managing succession in family-owned businesses. International Small Business Journal 15(1): 15-25.
31. Garcia-Alvarez E, Lopez-Sintas J and Gonzalvo PS (2002) Socialization patterns of successors in first- to second-generation family businesses, Family Business Review 15(3):189-203.
32. Gardner H (2006) Five minds for the future, Harvard Business School Press, Cambridge MA.
33. Gómez-Mejía LR, Takács Haynes K, Núñez-Nickel M, Jacobson KJL, Moyano-Fuentes J (2007) Socio-emotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills. Administrative Science Quarterly 52: 106-137.
34. Gray DE (2006) Executive coaching: Towards a dynamic alliance of psychotherapy and transformative learning processes, Management Learning 37(4): 475-497.
35. Gumuseli AI and Ergin B (2002) The manager's role in enhancing the transfer of training: A Turkish case study, International Journal of Training & Development 6(2): 80-97.
36. Hall DT, Otazo KL and Hollenbeck GP (1999) Behind closed doors: What really happens in executive coaching, Organizational Dynamics 27(3): 39-43.
37. Handler WC (1989) Methodological issues and considerations in studying family businesses, Family Business Review 2(3): 257-276.
38. Heck RKZ (2004) A commentary on 'entrepreneurship in family vs. non-Family firms: A resource-based analysis of the effect of organizational culture', by Shaker A Zahra, James C Hayton and Carlo Salvato, Entrepreneurship Theory & Practice 28(4): 383-389.
39. Heck RKZ, Trent ES and Kaye K (1999) The prevalence of family business from a household sample, Family Business Review 12(3): 209-224.
40. Hunter I and Wilson M (2007) Origins and opportunity: 150 years of New Zealand entrepreneurship. Journal of Management and Organization 13(4): 295-312.
41. Ip B and Jacobs G (2006) Business succession planning: A review of the evidence, Journal of Small Business and Enterprise Development 13(3): 326-350.
42. International Coach Federation (2006) The ICF website, accessed at http://www.coachfederation.org/ICF/on 22 July 2007.
43. Kampa-Kokesch S and Anderson MZ (2001) Executive coaching: A comprehensive review of the literature, Consulting Psychology Journal: Practice & Research 53(4): 205-228.
44. Karra N, Tracey P and Phillips N (2006) Altruism and agency in the family firm: Exploring the role of family, kinship, and ethnicity, Entrepreneurship Theory and Practice 30: 861-877.
45. Kellermanns FW, Eddleston KA, Barnett T and Pearson A (2008) An exploratory study of family member characteristics and involvement: Effects on entrepreneurial behavior in the family firm, Family Business Review 21(1): 1-14.
46. Kepner E (1983) The family and the firm: A co-evolutionary perspective, Organizational Dynamics Summer: 57-70.
47. Kiel F, Rimmer E, Williams K and Marilyn D (1996) Coaching at the top, Consulting Psychology Journal: Practice & Research 48(2): 67-77.
48. Kilburg RR (1996) Toward a conceptual understanding and definition of executive coaching, Consulting Psychology Journal: Practice & Research 48(2): 134-144.
49. Kilburg RR (2000) Executive coaching: Developing managerial wisdom in a world of chaos, American Psychological Association, Washington DC.
50. Kimberley N and Härtel CEJ (2008) Employee/customer interface in a service crisis: Impact of senior management attributes and practices on customer evaluation, Journal of Management and Organization 14(2): 207-218.
51. Klein SB, Astrachan JH, Smyrnios KX (2005) The F-PEC scale of family influence: Construction, validation, and further implication for theory, Entrepreneurial Theory and Practice May: 321-339.
52. Koiranen M (2002) Over 100 years of age but still entrepreneurially active in business: Exploring the values and family characteristics of old Finnish firms. Family Business Review 15(3): 175-187.
53. Kontoghiorghes C (2001) Factors affecting training effectiveness in the context of the introduction of a new technology - a US case study, International Journal of Training & Development 5(4): 248-260.
54. Lansberg I, Perrow EL, and Rogolsky S (1988) Family business as an emerging field, Family Business Review 1(1): 1-8.
55. Laske OE (1999) An integrated model of developmental coaching, Consulting Psychology Journal: Practice & Research 51(3): 139-159.
56. Le Breton-Miller IL, Miller D and Steier LP (2004) Toward an integrative model of effective FOB succession, Entrepreneurship Theory and Practice 28(4):305-328.
57. Lee J (2006) Impact of family relationships on attitudes of the second generation in family business, Family Business Review 19(3): 175-191.
58. Lee KS, Lim GH and Lim WS (2003) Family business succession: Appropriation risk and choice of successor. Academy of Management Review 28(4): 657-666.
59. Levinson H (1996) Executive coaching, Consulting Psychology Journal: Practice & Research 48(2): 115-123.
60. Lim DH (2000) Training design factors influencing transfer of training to the workplace within an international context, International Journal of Vocational Education and Training 52(2): 243-257.
61. Lim DH (2001) The effect of work experience and job position on international learning transfer, International Journal of Vocational Education and Training 9(2): 59-74.
62. Littunen H and Hyrsky K (2000) The early entrepreneurial stage in finish family and non family firms, Family Business Review 13(1): 41-54.
63. Litz RA (1995) The family business: Toward definitional clarity, Family Business Review 8(2): 71-81.
64. London M and Smither JW (2002) Feedback orientation, feedback culture, and the longitudinal performance management process, Human Resource Management Review 12: 81-100.
65. Lukaszewski JE (1988) Behind the throne: How to coach and counsel executives, Training & Development Journal 42(10): 33-35.
66. Lumpkin GT, Martin W and Vaughn, M (2008) Family Orientation: Individual-Level Influences on Family Firm Outcomes, Family Business Review 21(2): 127-138.
67. Mazzola P, Marchisio G and Astrachan J (2008) Strategic planning in family business: A powerful developmental tool for the next generation, Family Business Review 21(3): 239-258.
68. McCauley CD and Hezlett SA (2001) Individual development in the workplace, in Anderson N, Ones D, Sinangil HK and Viswesvaran C (Eds) Handbook of industrial, work, and organizational psychology 2: 313-335. Sage, London.
69. Mitchell RK, Morse EA and Sharma P (2003) The transacting cognitions of non-family employees in the family business setting, Journal of Business Venturing 18: 533-551.
70. Moores, K and Barrett M (2002). Learning family business: Paradoxes and pathways. Ashgate-Gower Asia Pacific.
71. Morris M, Williams R, Allen J and Avila R (1997) Correlates of success in family business transitions, Journal of Business Venturing 12(5): 385-401.
72. O'Brien M (1997) Executive coaching, Supervision 58(4): 6-8.
73. Orenstein RL (2002) Executive coaching, it's not just about the executive, The Journal of Applied Behavioral Science 38(3): 355-374.
74. Parasuraman S, Purohit YS, Godshalk VM and Beutell NJ (1996) Work and family variables, entrepreneurial career success, and psychological well-being, Journal of Vocational Behavior 48: 275-300.
75. Pemberton C (2006) Coaching to Solutions: A manager's toolkit for performance delivery, Elsevier, Oxford.
76. Peredo AM. (2003) Nothing thicker than blood: Commentary on 'Help one another, use one another: Toward an anthropology of family business', Entrepreneurship Theory and Practice 27(4): 397-400.
77. Peterson DB (1996) Executive coaching at work: The art of one-on-one change, Consulting Psychology Journal: Practice & Research 48(2): 78-86.
78. Royer S, Simons R, Boyd B and Rafferty A (2008) Promoting family: A contingency model of family business succession, Family Business Review 21(1): 15-30.
79. Ruona WEA, Leimbach M, Holton EF and Bates R (2002) The relationship between learner utility reactions and predicted learning transfer among trainees, International Journal of Training & Development 6(4): 218-228.
80. Santarelli E and Lotti F (2005) The survival of family firms: The importance of control and family ties, International Journal of the Economics of Business 12(2):183-192.
81. Sharma P and Irving PG (2005) Four basis of family business successor commitment: Antecedents and consequences, Entrepreneurship Theory & Practice 29: 13-33.
82. Sherman S and Freas A (2004) The wild west of executive coaching, Harvard Business Review 82(11): 82-90.
83. Smyrnios KX, Romano CA, Tanewski GA, Karofsky PI, Millen R and Yilmaz MR (2003) Work-Family Conflict: A study of American and Australian family businesses, Family Business Review 16(1): 35-51.
84. Stavrou ET, Kleanthous T and Anastasiou T (2005) Leadership personality and firm culture during hereditary transitions in family firms: Model development and empirical investigation, Journal of Small Business Management 43(2): 187-206.
85. Steier LP, Chrisman JJ and Chua JH (2004) Entrepreneurial management and governance in family firms: An introduction, Entrepreneurship Theory and Practice Summer: 295-303.
86. Sundaramurthy C (2008) Sustaining Trust Within Family Businesses, Family Business Review 21(1): 89-102.
87. Tett RP, Hal GA, Bleier A and Murphy P (2000) Development and content validation of a 'Hyperdimensional' taxonomy of managerial competence, Human Performance 13(3): 205-251.
88. Van der Klink KM, Gielen E and Nauta C (2001) Supervisory support as a major condition to enhance transfer, International Journal of Training & Development 5(1): 52-63.
89. Vera CF and Dean MA (2005) An examination of the challenges daughters face in family business succession, Family Business Review 18(4): 321-345.
90. Ward JL (1988) The special role of strategic planning for family businesses, Family Business Review 1(2): 105-117.
91. Ward JW (1987) Keeping the family business healthy, Jossey-Bass, San Francisco CA.
92. Westhead P and Cowling M (1998) Family firm research: The need for a methodological rethink, Entrepreneurship Theory & Practice 23(1): 31-56.
93. Witherspoon R and White RP (1996) Executive coaching: A continuum of roles, Consulting Psychology Journal: Practice & Research 48(2): 124-133.
94. Yammarino FJ and Atwater LE (1993) Understanding self-perception accuracy: Implications for human resource management, Human Resource Management 32(2-3): 231-247.