October 2026
Intermediate
256 pages
10h 2m
English
Content preview from Family Business Dynamics in Unpredictable Contexts
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Chapter 8 The Three Summit Model: A Strategic Approach to Intergenerational Transitions
Anita Zehrer
Abstract
This paper addresses the persistent challenge of intergenerational succession in family firms, a critical yet often discontinuous process despite extensive scholarship. Existing linear, transactional approaches understate the uncertainty, conflicting interests, and contextual variability of generational change. We introduce the Three Summit Model, a stratified framework that conceptualizes succession as a phased progression: the predecessor’s summit, the summit of succession and the successor’s summit. The model emphasizes strategic depth, stakeholder engagement, and adaptive capacity. We position it as a diagnostic tool for practitioners ...
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