PCV Holding: Who’s next? - Planning the Succession

This paper is a case study on a family business – PCV Holding – established in Mozambique. Having survived three generations and experiencing one of the most intense periods of growth, a tough issue emerges which is capable of compromising the future of the business: The Succession -How to transfer the management and ownership to the next generation while ensuring a fair process. Through several meetings with the board members and owners, I had the opportunity to understand the business and the family history which allowed me to study it taking into consideration family business’s subjects.

Firmago S.A. - 2016: A deadline for succession

This paper, “Firmago S.A. - 2016: a deadline for succession”, is a case-based essay on a family business. It aims to provide the necessary tools for readers to best decide upon who should be chosen for the continuity of the family business after July 2016. Along with the case study the reader will have the opportunity to identify two main problems: blurred boundaries and the nonexistence of succession planning. In order to elaborate this case study I conducted several meetings with João Cabral, the current CEO of Firmago, who helped me understand the company’s background and the complexity of the family’s relationships. In order to fulfill the CEO’s requirement, all the real names and surnames of those from Firmago were replaced by fake names.

The importance of succession planning in family-owned Small and Medium Enterprises in Portugal

This work project addresses the importance of succession planning in family-owned Small and Medium Enterprises (SMEs). This is directly related with Human Resources Management (HRM) given that there is an HRM long term vision in order for the succession to be planned on time and benefit the companies. This study focused on SMEs since these are the entities that have a minor focus on HRM practices. A total of 22 in-depth interviews were conducted and analyzed. Selected SMEs owners/managers and successors/antecessors were interviewed with the purpose of acquiring more insight on the level of succession planning, using a qualitative methodology from which the process of succession was derived. This study unveils that the first step in this process is related to the definition of criteria to be a good successor, followed by the choice of possible successors, being the children the natural successors, but also considering other potential ones, and finally some considerations on the future of these companies.

Jeronimo Martins in 2030 succession and strategy planning

The case outlines the history of Jerónimo Martins and the Dos Santos family in the context of a dialogue between the pater familias Alexandre and his successor Pedro. The case idea analyses the problems associated with next generation entrance in the family business and the outcomes on the different stakeholders and environment, with a particular focus on the evolution of the relationship between family, family holding and the JM group. The case is designed to assess the sustainability of a traditional succession strategy in the context of the challenges of globalization and growth of the company and family, analysing the reciprocal influence in a long-term strategy.

As vias de sucessão no estado português da Índia (1524-1581)

A presente dissertação procura esclarecer as origens das “vias de sucessão”, o respectivo modelo de funcionamento e qual a sua importância no sistema político do Estado Português da Índia, desde a data da sua implementação por D. João III, em 1524, até ao início da dinastia Filipina. Na base deste sistema estava o pressuposto de que um governador do Estado Português da Índia podia falecer durante o seu mandato, pelo que era necessário o rei assegurar, a priori, a sua hipotética sucessão, sem deixar a mesma nas mãos dos nobres presentes na Índia, que, provavelmente, nunca conseguiriam chegar a um consenso sobre quem deveria assumir o poder, por aspirarem ao mesmo. Procuramos, assim, compreender de que modo este sistema funcionava, não sem antes recuarmos ao reinado de D. Manuel I, para tentarmos indagar de que forma o Venturoso asseguraria uma hipotética sucessão de um governador do Estado Português da Índia, caso esta tivesse sido necessária. Deste modo, tentaremos perceber se o sistema criado em 1524 resultou de uma ideia inovadora de D. João III ou se, pelo contrário, este sistema já existia anteriormente e em outros espaços, limitando-se este monarca a transplantar o mesmo para a Índia. Com a questão do surgimento deste sistema de sucessão esclarecida, procedermos, então, à análise do funcionamento do mesmo e tentar-se-á concluir se este sistema se revelou, a longo prazo, eficaz para assegurar a sucessão no governo do Estado Português da Índia. Partindo de uma análise comparativa dos sistemas de sucessão existentes nas outras zonas do Império Português, no momento da entronização de D. João III, em 1521, pretendemos explicar de que forma o sistema das vias de sucessão surgiu na Índia e se desenvolveu e contribuir, assim, para um maior conhecimento do funcionamento da administração do Estado Português da Índia.

A Realidade do Tempo – uma análise de Durée et Simultanéité de Henri Bergson

Este trabalho aborda a questão da realidade do tempo na obra Durée et Simultanéité de Henri Bergson. Primeiramente, explicita-se o sentido dos termos necessários para uma compreensão da natureza do tempo: “duração”, “memória”, “virtual”, “real”, “sucessão” e “simultaneidade”. O objectivo desta análise é compreender de que forma se relacionam estes conceitos e em que sentido a consciência do tempo pode tomar-se como raiz da constituição temporal. A abordagem destes conceitos conduz também à problemática da multiplicidade de tempos, que é inicialmente discutida em relação aos termos previamente referidos. Seguidamente, estabelece-se a relação entre o temporal e o intemporal, considerando de que forma surge a ideia de eternidade numa realidade que é essencialmente temporal. Neste ponto, considera-se a visão de duração como privação de eternidade e a questão de se é possível e como é possível uma consciência universal. O último tópico abordado no trabalho diz respeito à unicidade do tempo. O estudo da realidade no tempo partiu da distinção entre o tempo real e o tempo espacializado. Posteriormente, observámos, através da consideração das relações eu-outro, em que sentido se pode falar de um único tempo. Com a pretensão de chegar à hipótese de um único tempo vivido clarificámos o problema da multiplicidade de tempos. Por último, considerámos a possibilidade de um mundo sem consciência.

A consagração dos naturais

“One cannot analyse a legal concept outside the economic and socio-cultural context in which it was applied” – such is the longstanding thesis of António Manuel Hespanha. I argue that Hespanha’s line of argument relative to legal concepts is also applicable, mutatis mutandis, to legal agents: the magistrates, advocates, notaries, solicitors and clerks who lived and exercised their professions in a given time and place. The question, then, is how to understand the actions of these individuals in particular contexts – more specifically in late 18th century and 19th century Goa. The main goal of the present thesis was to comprehend how westernized and Catholic Goan elite of Brahman and Chardó origin who provided the majority of Goan legal agents used Portuguese law to their own advantage. It can be divided into five key points. The first one is the importance of the Constitutional liberalism regime (with all the juridical, judicial, administrative and political changes that it has brought, namely the parliamentary representation) and its relations with the perismo – a local political and ideological tendency nurtured by Goan native Catholic elite. It was explored in the chapter 2 of this thesis. The second key point is the repeated attempts made by Goan native Catholic elite to implement the jury system in local courts. It was studied in the chapter 3. Chapter 4 aims to understand the participation of the native Catholic elite in the codification process of the uses and traditions of the indigenous peoples in New Conquests territory. The fourth key point is the involvement of those elites not only in the conflict of civil and ecclesiastical jurisdictions but also in the succession of the Royal House of Sunda. It was analyzed in the chapter 5. The functions of an advocate could be delegated to someone who, though lacking a law degree, possessed sufficient knowledge to perform this role satisfactorily. Those who held a special licence to practice law were known as provisionários (from provisão, or licence, as opposed to the letrados, or lettered). In the Goa of the second half of the 18th century and the 19th century, such provisionários were abundant, the vast majority coming from the native Catholic elite. The characteristics of those provisionários, the role played by the Portuguese letrados in Goa and the difficult relations between both groups were studied in the chapter 6.

Logoplaste: Conquering the world one bottle at a time

The “Logoplaste: Conquering the world one bottle at a time” case is based on the real story of the Botton family and their journey to build the globally known company Logoplaste. Famous for its “hole in the wall” strategy within the plastics industry, Logoplaste is not only one of the major plastic bottles manufacturers in the world, but also a company which has been proving us that a shared leadership system can be successful within a family business. This case intendeds to demonstrate the dynamics of a family business, illustrating the complexity of the decision making process and how they have successfully mastered dual management in a family firm. Moreover, it also aims to demonstrate that a family firm can be managed in such way that sustainable growth, as a key pillar, can be enabled through a strong focus on internationalization and innovation. A teaching note is available at the end of the case in order to guide students and teachers in their readings. Discussions questions, for debate in class environment, are also provided together with suggested answers drawn together to increase the critical sense and theoretical application of the themes studied in class.

Garland, since 1776- a unique ownership structure

The case is based on Garland, a 240 years old Portuguese family business, now owned by the Dawson family. It focuses on a decision made 50 years ago, aligned with what had been the company’s history, about the ownership rules for family members, which influences the ownership structure of the firm. It addresses the main issues about ownership in family businesses, and tackles the problem of succession planning and fair process. It contains a teaching note to support the utilization of the case in a classroom context, with learning objectives, target audience, a teaching plan, questions and proposed answers, and theory that relates to the case. It is also complemented with an epilogue and an overview of the case.

The relationship between the education level of successor's and the firm performance in German publicly listed family firms- an empirical analysis

The purpose of this thesis is to investigate how far the education level of the second or third generation of publicly traded German family firms affects the post-succession firm performance. By conducting a correlational and regression design, the aim is to examine how several variables influence the performance of family firms. Performance measures, for example ROA and Tobin’s q and variables, like Education level and succession periods, examine analytically that a positive succession trend will occur. However, with the used model, only a less rigid model shows empirical evidence.