The willing successor: an exploration of grit and situational cues in family firms
Journal of Family Business Management
ISSN: 2043-6238
Article publication date: 26 October 2021
Issue publication date: 1 December 2022
Abstract
Purpose
This conceptual paper explores how the activation of the individual-level trait grit can explain variance in successor willingness to take over leadership of the family firm.
Design/methodology/approach
Drawing from trait activation and situation strength theories, the authors develop a framework to examine the interactions of the two dimensions of grit (passion and perseverance) on the successor's willingness to take control of the family firm.
Findings
The authors identify how the grit dimensions would interact with the situational cues present during the succession process to predict the successor's willingness to take control of the family firm and offer testable propositions to guide future empirical work.
Originality/value
The authors help to address the growing need for additional microfoundational family firm research by drawing insights from organizational behavior theories and personality research and apply them to the family firm succession process.
Keywords
Citation
Medina-Craven, M.N., Marett, E.G. and Davis, S.E. (2022), "The willing successor: an exploration of grit and situational cues in family firms", Journal of Family Business Management, Vol. 12 No. 4, pp. 1081-1095. https://doi.org/10.1108/JFBM-07-2021-0070
Publisher
:Emerald Publishing Limited
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