Family Business Succession: The Lack of
Career Choices for the next-generation
Among
many values, the concept of family has always been on the top of Chinese societies.
It is normal for Chinese people to put much importance on family, and fight and
pursue for the felicity. Therefore,
it is a natural idea for Chinese people to pass down
the ownership of the business to the next generation of one’s own family with
the hope of keeping their family flourishing. However, when it comes to
succession, it would be a significant works. How to transmit the faith one keeps
to the children, and how to raise them to be competent to take over the
business and other many problems that need to be tackled to meet the
expectation during their growing time. And since the mass expectation and
pressure coming from parents or relatives, the child who is chose to success
the firm has little freedom to decide his own road to walk.
Taking
my own family as example, about twenty years ago, my parents scratched from
nothing and established their own factory producing golf poles for their
passion for playing golf. With the environment becoming harder and harder, they
transferred the factory to China while the one in Taiwan was kept but those
Taiwanese employee were replaced by migrant workers, but in the end was still
shut down because of financial problem.
When I was in elementary school, once I lied in bed without falling
asleep, I heard my mother was talking seriously to my order brother about his
future because he was indulging in online game that time and failed the exam to
high school. There was a word from my mother that transfixed me:” Did you know
how much weight your father puts on you? The name of the firm ‘Wei Li’ in China
was set especially for you!” (One of the name of my brother’s is “理”, and the firm name means “for 理”, though
they are different words.) Then, I heard they were weeping. That was the first
time for my brother to know the existence of the responsibility he has to bear.
Since then, my brother would go to China when in vacation between
semesters to learn everything he has to from every details like how the pole
were made to the way of socializing with other business men properly. He then
majored in Machanism in the university, and without going for the degree of
Master because my parents think that it’s more important to get practical
experience, he joined the army, and now stays in China with my father,
preparing to take over the business.
Before my brother went to China, I once asked him that is it really his
will and does he really wants to go there and success the firm? “I am much
luckier than others, my classmates. I haven’t to experience the difficult time
to find a good job in environment like now.” He answered calmly.
For my brother, he seems to accept the fact that his life was set before
he could consider carefully, because it seems to be a good enough arrangement,
comparing to his peer. However, it is not fair to the children at the very
first. The pressure to success their family business narrows their thinking of
different possibilities of their own life. While once they make decisions that
do not meet the family expectation, the fight is usually inevitable.