Family Business Transitions Essay Example | Topics and Well Written Essays - 2000 words

Family Business Transitions - Essay Example This activity generates a significant proportion of the economy in many countries, whereby the enterprises are approaching the point where business owners' are making serious decisions regarding their long term future, this decision impacts, individual businesses, business sector and the whole society. This move results into a widespread interest in various business succession planning. Though this business operates within personal relationships which affect and influence the business concern. When these relationships are central to the operations of the business, then there must be a focus upon the relationship in a successful negotiation of a business transition process. It is not normally easy to have a successful family business transition, since there are many problems associated in this generation to generation transition. This family business includes relationship involving individuals and those involving the business itself. The individual relationship has an impact on transition whereby, the quality of the relationship is vital, whether they are involved directly or indirectly. Most problems occur in this individual relationships where we find the small generation has no desire to take over the family business, this may not be... ion transition process, this includes: Poor communication this can lead to negative emotions evolving during the transition process , there is also a psychological factor under which the perception of the key family stake holders especially those of the highest generation and the lower generation has a crucial influence considering their roles, intentions and attitudes of others within the transition process. Therefore when the low generation is not psychologically prepared to take control over the transition then this makes this process unsuccessful and also when the transition process is not successful then the successor is not psychologically ready to prosper. This makes the incumbents and the successor's mental status very important in judging when the transition should be taken and what requirements are needed for the process to be successful. 2 Also family values influence the business heavily, whereby there happens to be a higher risk for poor long term business performance, this normally occurs when the subject of the business relies on the family needs. Under this case of psychology we find tat during the transition process, the psychological process results into conflicts between individuals, that is between the incumbent and the successor, there is therefore a contradiction arising at the succession, whereby, the successor desires to imitate the incumbent in order to supersede him while seeking independence, this causes an internal conflict for the successor on how to behave, in such a situation , both the incumbent and the successor desire to be a leader thus reinforcing a leader role causing a spiral of conflicts, confusion and confrontation. 3 Many family business issues derive from the different experiences of each family member presenting the

Hitler's Germany Essay Example | Topics and Well Written Essays - 750 words

Hitler's Germany - Essay Example This essay will assess whether Hitler’s ability to appeal to the German people was the source of his power or whether his personality traits and psychological abnormalities were more significant. Hitler’s ability to appeal to the German people lay in his skills at oratory. With his words, Hitler was able to mould public opinion in his favour. As a member of the lower class strata, Hitler had the added advantage of winning over the masses who felt themselves wronged by the German authorities. He claimed himself to be one of them which created an aura of trust and respect for the man who had risen from amongst the lower class. His style appealed greatly to the working class of Germany who felt understood by this leader. Hitler’s speeches were outspoken which helped create an image of courage and bravado to his personality. The Germans needed someone to blame for their disastrous defeat and this was provided to them by Hitler. Hitler’s singular appeal through his skills as an orator also lay in the message he conveyed. He was able to define a scapegoat upon which the German people could vent their wrath for the shame they felt at their defeat in the First World War and the terms of the Versailles Treaty – namely, the Jews. Waite contends that the Fuhrer was himself a man who suffered from deep rooted feelings of inferiority and guilt; he felt that Hitler could have been suffering from a fear that his own blood was impure and that his sexuality was warped. This led him to try and over compensate by directing those feelings outwards on to other elements of society – the Jews and Communists (Mitchell, 1973:41). His views were derived from H.S. Chamberlian whose interpretation of history stated that of the three major strains that comprised mankind, two of them had been Aryan, namely the Greeks and the Aryans who created culture, while the third strain, i.e., the Semetic one, was culture destroying.