Succession as Strategic Regeneration

Lina Marlina (Politeknik Triguna Tasikmalaya)

Manexia
Vol. 2 No. 3 (2026): Strategic Renewal Across Generations

Family business succession is best understood not as leadership replacement but as strategic regeneration. Synthesizing six complementary perspectives, this editorial argues that transgenerational continuity depends on redistributing strategic authority, developing successor adaptive capacity, aligning governance, and selectively reconfiguring inherited resources. Succession becomes strategically productive when family firms preserve the value-generating properties of legacy while creating sufficient autonomy and capability to renew how those properties support future value creation.