Family business succession : a business case study on HEAT S.r.l.

Family Businesses are becoming nowadays subject of many studies due to the influence of family issues on the goals, strategies, and operations of companies. More than 90% of worldwide companies should be considered family-based and the heterogeneity of them raised the necessity to find common practices and behaviours to manage in the best way the two main blocks, family, and business. The objective of this report is to analyse the features that characterize a succession in a family business, taking into account the figures involved and the main points to be kept into consideration. Many theories tried to standardize the common features that can be found in different family businesses, but, due to the heterogeneity of them, some specific considerations and assumptions need to be implemented. In the report will be studied the case of the HEAT S.r.l., a small-medium Italian enterprise, founded and managed by Pierangelo, the incumbent who is going to soon retire himself. The company involves three owners, Pierangelo and his two brothers, and their families too, especially their sons, who should be the second generation that will continue the business over the years.

L'obiettivo di questa relazione è analizzare le caratteristiche che caratterizzano una successione in un'impresa familiare, tenendo conto delle figure coinvolte e dei principali punti da tenere in considerazione. Molte teorie hanno cercato di standardizzare le caratteristiche comuni che si possono riscontrare nelle diverse imprese familiari, ma, a causa dell'eterogeneità delle stesse, è necessario attuare alcune considerazioni e ipotesi specifiche. Nella relazione verrà approfondito il caso della HEAT S.r.l., piccola-media impresa italiana, fondata e gestita da Pierangelo, l'incumbent che andrà presto in pensione. L'azienda coinvolge tre titolari, Pierangelo ei suoi due fratelli, e anche le loro famiglie, in particolare i figli, che dovrebbero essere la seconda generazione che continuerà negli anni l'attività.