Taxonomic approach to competencies in the succession process of family firms with the use of Grey Clustering Analysis

Abstract

The article presents the model of successors' competencies in family firms. The model was created on the basis of empirical data collected in Poland and analysed with the use of Grey Clustering Analysis. At the first i.e. an empirical stage of the studies, a list of competences was identified which are estimated as significant for the successors. At the second stage, on the basis of significance assessment of the competences distinguished by the successors, a list of distinguished competences according to their significance level in a succession process was sorted out. At the third stage, using the basis of grey systems theory, the competences were classified according to their relation of similarities. As the result the successors' competency model was proposed.