Feb 19 β€’ 09:04 UTC πŸ‡©πŸ‡ͺ Germany FAZ

Business Succession: When the Daughter Takes Over the Director's Chair

The article discusses how two daughters have taken over their family businesses as their parents retire, highlighting the challenges of navigating a male-dominated industry.

The article examines the generational shift in leadership as business owners from the Baby Boomer generation retire, and their daughters step into roles traditionally held by men. Isabelle Himbert, the 32-year-old managing director of Arno Arnold GmbH, shares her experience in a male-dominated industry where clients often express surprise that a young woman is leading negotiations. She reflects on her previous underestimation of the gender dynamics within her field, contributing to her growth in confidence and leadership style since joining the company in 2019.

Lea Baumbach, another young business leader at 30, is now at the helm of Rudolf Baumbach GmbH after taking over from her grandfather. She acknowledges her initial naivety regarding the responsibilities involved in running the family business. Both women’s experiences highlight the challenges they face, including overcoming stereotypes within their industries and establishing their authority in environments where male leadership has historically been the norm.

The implications of these transitions are significant not only for the companies involved but also for the broader discourse on gender roles in business. As more women take on leadership positions, particularly in sectors where they are underrepresented, it paves the way for future generations of women leaders, promoting greater diversity and inclusivity in the workforce.

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