Sebelas Maret International Conferences, The 1st INCREDIBLE

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Efforts to create sustainability in family companies during the post transition period of PT Cahaya Perdana Transalam Batam.
Dian Fitri

Building: Parallel Session 1
Room: I
Date: 2020-10-27 01:15 PM – 02:30 PM
Last modified: 2020-10-18

Abstract


The multigenerational survival rates for family-owned businesses are not good enough. Lack of preparation and readiness for the next generation to lead in the next period, so there is a need for professional leadership outside the family to lead in the post-transition period. However, it is important to prepare the next generation of leadership succession procession that will lead the family company so that the sustainability of the company can be created.Transformational leadership in responding to changes in family companies. The readiness to change in addressing leadership differences is one of the factors that influence the sustainability of a family company. Likewise, the ability to adapt to leadership changes and adapt to these changes. Despite these generally held principles, quantitative research explores the relationship between these five factors. The research sample is the same as the population, namely 100 employees who work in family companies. The sampling technique used is the census sampling technique. This research is a quantitative research, with statistical analysis using multiple linear regression method with SPSS version 20 software. Based on the results of data analysis through SPSS, the Anova test results can be concluded that leadership succession, transformational leadership, readiness to change, change adaptability have a significant effect on sustainability of PT Cahaya Perdana Transalam Batam.