As Figure 1 indicates, this role adjustment process typically influences, while lagging behind, the parallel process of the next-generation family member(s), who move through phases of increasing involvement. The lag—the fact that it takes the predecessor longer to move into his roles than the heir—means that the founder or owner may hold onto a former role while the next-generation family member moves into a new role. This is the perspective of the next-generation family members interviewed; a study of founders could result in a different depiction.