Discovery Early Career Researcher Award - Grant ID: DE120100359
Funder
Australian Research Council
Funding Amount
$375,000.00
Summary
Intergenerational demands as a double-edged sword in the work context. Due to rapid population ageing, an increasing number of Australian workers will need to provide care to older people or mentor younger workers and successors. This project investigates how personal and organisational resources can reduce negative outcomes and maximise positive outcomes of intergenerational demands in the work context.
Family business and succession planning: dynamics, barriers and strategies. This research will generate better strategies, protocols and policies for family business succession planning, tailored to the Australian context. Family businesses constitute about 70-80 per cent of Australian businesses, and $4.5 trillion in business value. It is estimated that $3.5 trillion of business value will change hands in the next decade as the post-war generation of business founders moves on. Yet surveys rout ....Family business and succession planning: dynamics, barriers and strategies. This research will generate better strategies, protocols and policies for family business succession planning, tailored to the Australian context. Family businesses constitute about 70-80 per cent of Australian businesses, and $4.5 trillion in business value. It is estimated that $3.5 trillion of business value will change hands in the next decade as the post-war generation of business founders moves on. Yet surveys routinely show that family businesses indefinitely defer succession planning, placing businesses and their stakeholders at risk of acrimonious conflict and business failure. This research will contribute towards the National Research Priority goals strengthening Australia's social and economic fabric and ageing well, ageing productively.Read moreRead less