Another Reflection on Isabell's post "Reflection of succession in regard to Ilapak and personal aspects"

While reading an interesting article about succession planning and transfer of knowledge from one generation to another, I came through a model that in a way strenghtens the comment I had already made on your post.

Figure 1- Model of Knowledge Transfer and Successor's Development in the Family Firm (Cabrera-Suarez, 2001: 40)

As it can be seen from the model, it is important to note that tacit knowledge and non-articulated knowledge, as well as experiential training and early exposures to business, can greatly help the successor in gathering experience for replicating it in the real world business.

Therefore, joining the firm after having obtained experience elsewhere proves to be extremely valuable for the family business. Moreover, by doing so tacit, knowledge is progressively transferred and this results in a better understanding of the business and allows the successor to protect his/her ideas from a possible appropriation by the competitors.