SUCCESSION PLANNING FOR FAMILY BUSINESS UD. DABIAN

Abstract

The purpose of this paper is to find the right succession planning for UD. Dabian family business. Succession planning is one of the key for the survival of a family business from generation to generation. Succession itself is a transfer of right from the pionner hand to successor hand. This research use qualitative methods to approach and find the answer to the problem statement itself. This research finds that in succession planning there must be collaboration between the pioneer, and the successor cannot be just one of them. The result of this paper find that the right succession for UD. Dabian family business is by planning it step by step starting from background identification, determination of successor criteria, determination of collaboration between the successor and the pioneer, and succession planning but in detect the problem the moment it happen, and the give solution to solve the problem itself.