Personality trait imprints across generations: small family business context

Zeshan Ahmad · Shahbaz Sharif · Muhammad Ahmad Al-Rashid · Muhammad Nadeem

13 citations0/0 files storedRevista de Gestão

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Family Business Performance and Succession Entrepreneurship Studies and Influences Personality Traits and Psychology

Abstract

Purpose The purpose of this study is to investigate how the congruence between predecessor and successor personality traits (PTs) with the values of their small family business (SFB) contributes to a successful succession transition across generations. Design/methodology/approach The conceptual model method was employed in this investigation, which describes an entity and identifies issues that should be considered in a study (MacInnis, 2011). It involves a form of theorizing that seeks to create a nomological network around the focal concept, to examine and detail the causal linkages and mechanisms at play (Delbridge and Fiss, 2013). Findings Drawing on the trait activation theory (TAT), this study conceptualizes that the congruence of the successor's PTs with those of the predecessor, as well as the values, transitions and nature of the assigned task, activates the successor's PTs and motivates him to work diligently for a successful succession transition while preserving the business's core values established by the founder. Research limitations/implications This study is an eye-opener for strategists and SFB predecessors to ponder the successor's PTs disparities across generations. Additionally, it urges them to consider the congruence of SFB's values and nature of operations with the successor's PTs for successful succession transition. Thus, such awareness may contribute to stabilizing the SFB's survival rate. Originality/value This study contributed to the existing literature by answering how predecessor’s and successor's PTs congruence and SFB's values and nature of operations congruence with their PTs may contribute to successful succession transition across generations. This study contributed to the TAT by thematically explaining the organizational cues to bridge a relationship between entrepreneurial personality traits (EPT) and succession success of SFBs.

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References

1966Generalized expectancies for internal versus external control of reinforcement.2003A personality trait-based interactionist model of job performance.2018Entrepreneurial self-efficacy: A systematic review of the literature on its theoretical foundations, measurement, antecedents, and outcomes, and an agenda for future research 2018Personality Traits of Entrepreneurs: A Review of Recent Literature 2014The Ability and Willingness Paradox in Family Firm Innovation 1986Fearful expectations and avoidant actions as coeffects of perceived self-inefficacy.2008When does entrepreneurial self‐efficacy enhance versus reduce firm performance?2017Entrepreneurship research: mapping intellectual structures and research trends

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