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Home Succession

Opinion/ Succession motivation is always more important than ability!

Edward Chen 陳世明 by Edward Chen 陳世明
June 20, 2023
Opinion/ Succession motivation is always more important than ability!

photo by Minervastudio

Currently, Taiwanese enterprises have reached a crucial juncture in which a large number of successors need to be passed on. The process of smoothly transitioning from the first generation to the second generation has emerged as a new area of study and exploration.

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However, there are often obvious gaps in concepts and communication between the two generations regarding handover and succession.

According to the surveys and reports on the succession of family businesses by Global Review Monthly in recent years, as well as my personal experience in family businesses, there are three key factors that will affect the willingness of the second generation to assume leadership within the company. These factors include the second generation’s personal interest in the family business, effective business cognition and communication between the first and second generations, and the capabilities and performance of the second generation within the enterprise. The first two relate to succession motives, while  the latter relates to succession ability.

The younger generation possesses a strong sense of autonomy , making it important to avoid forcing the idea of succession upon them.. Instead, it is crucial to establish an environment that allows the second generation to discover their own interest in the family business. Creating effective modes and enhancing mutual understanding can also enhance the succession motives of the second generation.  Once motivation is enhanced, the first generation can systematically nurture the succession abilities of the second generation.

Therefore, succession motivation is always more important than ability!

However, as a business founder, how can you tell if your children are motivated to succeed? One way is by observing their demeanor when they work. Take note of whether there is a spark of enthusiasm on their faces as they contribute to the family business.  This brilliance emerges from self-confidence, a sense of certainty, and a strong sense of responsibility. It indicates that they have a clear understanding of what needs to be done, how to accomplish it, and why they are doing it. Thus, when it comes to introducing a child into a family business and preparing them for succession, the initial step is to genuinely understand the child and place them in a suitable position where they can maximize their potential value.Only through this approach can their motivation be ignited, allowing for the cultivation and development of their abilities.

Nevertheless, while abilities can be taught and developed, motivation cannot be instilled through instruction alone. Motivation can only be sparked and nurtured by creating an environment where children can discover their own sense of purpose and passion, which is why it is essential to allow them to experience the profound feeling of “this is what I want” on their own terms.

For children to truly grasp the feeling of “this is what I want,” they will delve into the very essence of their being and explore the question of “Who am I?” (photo by Eva Bronzini)

For children to truly grasp the feeling of “this is what I want,” they will delve into the very essence of their being and explore the question of “Who am I?”

If you are the second generation of enterprises and are reading this column, I would like to ask you to think about two essential questions:

1. Without a family business, who am I?

2. When faced with a blank business card, how can I effectively introduce myself?

Are you able to answer them??

How do you introduce yourself to introduce yourself?

Who are you truly?

“Who am I?” is a profound question that has intrigued philosophers throughout history, urging us to embark on a deep exploration of our own identity. Knowing oneself is the fundamental step towards actualizing one’s true potential. This holds particular significance for second-generation successors in an enterprise, as before leading others, one must first learn to lead oneself. To become an effective leader, it is imperative to gain a profound understanding of one’s true essence.

How does a person know who he is? 

The ancient saying “I am born with talents and must have my own use” holds profound wisdom. Deep within each of us lies a yearning to pursue something meaningful, accompanied by unique talents that set us apart. There exists a place in the world where our skills and abilities are needed. Essentially, this saying implies that when we are born, we are entrusted with a special mission, and equipped with the necessary tools to fulfill it. These tools enable us to carry out our exclusive tasks in a specific location where our presence is valued, ultimately benefiting those who require our contributions. Hence, in order to progress and gain a true understanding of oneself, it is essential to clarify:

1. What is my “special mission”?

2. What are my innate “tools”?

3. Where is “the place I am needed”?

As the successor of enterprises, if you can answer these three questions without hesitation, then congratulations, you already know where you are going!

In truth, the “exclusive mission” represents what a person truly “loves,” while the “tools” symbolize their genuine areas of expertise. The “where I’m needed” refers to the realm in which a person genuinely “cares.”

When the second generation of a company can identify the intersection of their passions, skills, and genuine concerns, they will discover their optimal “positioning.” By embodying this positioning within the family business, they can contribute the highest value. This alignment creates a powerful connection between themselves and the family business, enabling them to make significant contributions and forge a shared future for both themselves and the enterprise.

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Edward Chen 陳世明

Edward Chen 陳世明

The founder of Masterpiece Coaching & Training is a Professional Certified Coach(PCC) with a second-generation background in the business and has participated in family business operations, and is certified by the International Coach Federation (ICF).

For more than ten years, he has often held self-exploration and positioning workshops for teenagers, adults, and the second generation of enterprises at home and abroad. He has also been invited to teach leadership courses at Shangzhou CEO Academy and listed counter companies many times, and often teaches at schools at all levels Share with students how to locate the life they want.

傑作國際專業教練有限公司創辦人,為擁有企業二代背景並曾參與家族企業經營,且具國際教練聯盟(ICF)認證的專業教練(PCC)。

十多年來,經常在國內外開辦青少年、成人及企業二代自我探索、定位工作坊,亦曾多次受邀至商周CEO學院及上市櫃公司傳授領導力課程,並經常在各級學校向學子們分享如何定位自己想要的人生。

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