Chapter 6: An Intergenerational Perspective of Family Firms' Internationalization: Implications for Talent Management

The heterogeneity of Family Firms (FFs) requires ‘traditional’ business practices such as Talent Management (TM) to be properly adapted before implementation. FFs are defined by the intention to retain family ownership and control across generations. This invites specific development and education of future business leaders. However, traditional TM practices become irrelevant in FF context and need to be refined. This chapter focuses on the role of different generations in FF results especially in international markets and considers how different generations influence TM in FFs.