October 2026
Intermediate
256 pages
10h 2m
English
Content preview from Family Business Dynamics in Unpredictable Contexts
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Chapter 3 Business Continuity as Strategic Navigation in Family Enterprises: How Family Businesses Balance Legacy Preservation with Adaptive Transformation in Disordered Environments
Ante Vuletić
Abstract
Family businesses face a fundamental tension between preserving legacy and adapting to environmental changes. This study introduces Continuity Navigation as a dynamic capability enabling family enterprises to manage this paradox strategically. Drawing on mixed-methods data from 45 multi-generational family businesses studied over eight months (June 2025–February 2026), we develop the Legacy-Adaptation Matrix, distinguishing identity-central from peripheral elements across adaptation urgency levels. Businesses with developed continuity ...
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