
How to scale your business and become an outlier venture
Research suggests that successful scale-ups are those that can interpret different information and spread that meaning across the organization to guide coordinated action. ...

by Alfredo De Massis, Emanuela Rondi Published May 11, 2026 in Family business • 7 min read
The cautionary tale of Icarus flying too high to the sun and melting his wings is often seen as symbolic of the next generation and their desire to make their own decisions, push boundaries, and defy limitations. But, in a bid to protect their children from the same fate, business families are clipping the wings of the next generation – robbing them of autonomy, stunting their growth, and standing in the way of identity-building. In doing so, they risk losing precisely what they seek to protect: their name, their legacy, and even their children.
We see this exact scenario unfolding live in the headlines with the Beckham family. The Beckhams are a household name and a globally recognizable entrepreneurial brand where identity, reputation, and economic value are deeply intertwined. Built by former professional footballer David Beckham and his wife, former Spice Girl turned fashion designer Victoria Beckham, the Beckham enterprise has unparalleled fame, but beneath that, it mirrors many traditional family firms – founder-led, brand-driven, and increasingly shaped by the question of generational transition.
Posh and Becks built an empire on media attention, but that coverage is now zeroed in on the very public tensions involving their eldest son, Brooklyn Beckham, and his wife, Nicola Peltz Beckham. While easily dismissed as celebrity gossip, the feud offers a case study in succession under pressure, and its underlying dynamics offer key lessons for family enterprises of any size.
When separation finally occurs, it isn’t gradual. Rather, it is abrupt, reactive, and often, the epitome of conflict. In no public case study is this clearer than the Beckhams.
The first visible signs of conflict emerged in the lead-up to Brooklyn Beckham’s 2022 wedding to American actress Nicola Peltz. Headlines focused on surface-level disputes such as whether Peltz’s soon-to-be mother-in-law was making the wedding dress, a “cold war” on social media, and an alleged hijacking of the first dance. Yet, beneath those incidents lies a far more fundamental issue that the Beckhams are not facing alone.
At its core, the conflict reflects a breakdown in the transition from first to second generation. Something 70% of business families grapple with and fail at today amid the largest wealth transfer in history. As we like to say, when wings don’t develop, succession breaks.
Family systems with weak internal boundaries tip closeness into enmeshment. What begins as strong cohesion can evolve into an environment where individual autonomy is constrained, and over time, the space required for next-generation members to form independent identities shrinks.
In 2016, Victoria Beckham registered her children’s names as trademarks, while commercially understandable in a brand-driven enterprise with global recognition, the move signaled a deeper dynamic of control over identity. Later reports suggested that this legal structure became a lever of influence, with pressure placed on Brooklyn Beckham to relinquish rights tied to his own name.
We see similar requests for identity taking place across the retail space today. Take, for instance, the conflict emerging between Jo Malone CBE and Jo Malone the brand. Estée Lauder bought the scent pioneer’s eponymous perfume brand, Jo Malone London, including the rights to her name, in 1999. Malone went on to found a new firm, Jo Loves, in 2011, which also sells perfume, but after an eight-year partnership between her and high street chain Zara, Estée Lauder launched High Court proceedings over the use of the Jo Malone name, which featured on the packaging, with over £200,000 in damages being sought.
In the case of Brooklyn Beckham at least, it is clear that an identity cannot be bought or owned by anyone but the individual it represents. He has implied he will not renew these trademarks when they expire in late 2026 – an act of differentiation and a reclaiming of identity.
Family systems that fail to evolve as children become adults tend to become structurally misaligned.
Delayed autonomy was the key driver in this breakdown. The longer independence is postponed, the more disruptive the eventual break, and next-generation members who are not given the space to differentiate early will often seek it in more disruptive and visible ways later. But no family conflict is born out of an isolated incident, and in the case of the Beckhams, three more triggers can be identified that may also be familiar to families reading, business or otherwise.
The entry of a spouse or partner, such as Nicola Peltz Beckham, introduces new values, expectations, and alliances. This often accelerates the need to redefine boundaries that may have remained unexamined for years.
Family systems that fail to evolve as children become adults tend to become structurally misaligned. Roles that worked in childhood or adolescence no longer hold, yet remain implicitly enforced.
Efforts to preserve continuity, whether through brand control, tight governance, or emotional closeness, can unintentionally undermine the very engagement they seek to secure. Overprotection can drive disengagement.

Family businesses often emphasize the importance of roots in the form of shared values, legacy, and continuity, but just as in the story of Icarus, flying too low is just as dangerous as flying too high, and without autonomy or wings, those roots loosen when pulled during an abrupt and destructive escape.
Succession is not simply about transferring assets or roles. It is about enabling identity formation within, alongside, and sometimes beyond the family enterprise. Without a conscious design of this transition, even the strongest family systems risk losing precisely what they seek to protect: their name, their legacy, and, ultimately, their children.
The Beckham feud offers a set of practical lessons for executives and leaders within family enterprise:
Integration into the family business is only half the equation. Equally important is the creation of space for independent identity development. This may include external career paths, separate ventures, or clearly defined personal brands.
Differentiation should not be left to chance or forced through conflict. It should be intentionally designed and encouraged, and there is a commercial angle to consider. Diversified and differentiated family offerings distribute risk and expand opportunities.
Family systems that do not evolve become rigid. The transition to adulthood, especially when new partnerships or marriages form, requires an explicit resetting of expectations, authority, and involvement.
What worked at 16 will not work at 26. Governance structures must reflect this reality, and this too can help families bolster engagement in family ventures and help identify future successors.
Independence is not a threat to the family enterprise; it is a condition for its long-term sustainability. Suppressing individuation may preserve short-term harmony, but at the cost of long-term engagement, alignment, and togetherness.
Too many family businesses rely on informal, emotionally driven conversations to navigate complex transitions.
Successful families create governance mechanisms such as family councils and advisory boards where issues of succession, identity, and expectations can be addressed openly and constructively. They also make room for formal and informal modes of communication, allowing generations to interact and engage with the business in more relaxed contexts.
Succession is not a single event; it is a multifaceted, multidimensional, and often multi-decade process. Without intentional planning, it will be shaped by default dynamics, which often lead to conflict.
The Beckham feud, while magnified for the world to read, is a microcosm of the challenges faced quietly in family businesses around the world.
The Beckham feud, while magnified for the world to read, is a microcosm of the challenges faced quietly in family businesses around the world. Succession is the most profound issue facing the family business landscape today, and families who do not prepare for the transition risk losing the very thing they seek to preserve.
We often argue that tradition and innovation can and must co-exist to sustain intellectual capital, but when it comes to socioemotional wealth, families must understand that continuity and autonomy are not opposing forces but interdependent. Family enterprises must understand this balance and actively design for it. They can plant roots, but they must also grow wings.

Professor of Entrepreneurship and Family Business
Alfredo De Massis is ranked as the most influential and productive author in the family business research field in the last decade in a recent bibliometric study. De Massis is an IMD Professor of Entrepreneurship and Family Business at IMD where he holds the Wild Group Chair on Family Business and works with other universities worldwide.
Emanuela Rondi is an Associate Professor at Politecnico di Milano. Her research lies at the intersection of family business and social capital, with a particular interest in the impact of family external relationships on succession and innovation dynamics. Her doctoral work on management has received awards and recognition at various academic conferences. She is a member of the Education and Professional Development Sub-Committee of IFERA. Rondi is also on the review board of the Journal of Family Business Strategy.

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