Family Business Resilience in Times of Radical Change

How can family businesses build resilience in a world of rapid change and uncertainty? The challenges faced by family businesses are growing: volatile markets, digital transformation, succession complexities, and strategic reorientation in times of crisis. While resilience is widely discussed, there is a lack of actionable insights on how family businesses can proactively adapt and thrive. This volume brings together leading researchers and practitioners to explore resilience from multiple perspectives: strategy development, business transformation, succession planning, and corporate recovery. Contributions cover topics such as strategic responses to VUCA environments, the role of resilience in business modeling, early warning indicators for organizational decline, and the impact of downsizing as a recovery strategy. Real-world insights and empirical research provide a roadmap for navigating disruption and seizing new opportunities. With a unique combination of theoretical depth and practical relevance, this book is essential reading for scholars, students, and decision-makers in family business management. It offers fresh perspectives on resilience and equips businesses with the knowledge to sustain long-term success in turbulent times.