Disharmony within harmony: contrasting views between incumbents and successors on the selection criterion adopted for family business successions

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nuntana Udomkit ◽  
Puttipong Kittidusadee ◽  
Claus Schreier
Keyword(s):  
Family Business ◽  
Empirical Data ◽  
Design Methodology ◽  
Selection Criterion ◽  
Research Area ◽  
Business Relationship ◽  
Family Conflicts ◽  
Content Type ◽  
The Relationship ◽  
Depth Interviews

PurposeThe purpose of this paper is to explore the attributes a subsequent successor in family business should possess and to examine differences in expected attributes in the eyes of the incumbent and a successor-to-be.Design/methodology/approachDrawing upon the classic framework of Chrisman et al. (1998), 60 in-depth interviews were conducted with family business predecessors and successors-to-be in Thailand.FindingsThe attributes of competence and personality traits were prominent in this research; while the importance of current involvement with family business, relationship with incumbent, the relationship with family members, along with family standing, appears to be less important than expected in the context of an Asian collectivistic society. This research highlights the divergent gaps in the attributes desired by the incumbents and successors-to-be. 28 significant gaps between incumbents and successors-to-be have been found in 56.67% of the firms in this research. A majority of the gaps have been, surprisingly, found in the attributes of competence, incumbent relationship and family standing.Research limitations/implicationsTo increase its reliability, a study with a greater number of family businesses should be conducted, thereby increasing the amount of empirical data on this topic.Originality/valueThis study contributes to the under explored research area of differences in expected attributes in the eyes of the incumbent and a successor-to-be. They can be indicators for potential intra-family conflicts and unsmoothed transition.

The ecomuseum and solidarity tourism: a case study from northeast Turkey

2019 ◽  
Vol 9 (4) ◽  
pp. 537-552
Author(s):  
Mustafa Doğan
Keyword(s):  
Community Development ◽  
Rural Areas ◽  
Design Methodology ◽  
Qualitative Data ◽  
Local Community ◽  
Content Type ◽  
The Impact ◽  
The Relationship ◽  
Depth Interviews

Purpose The purpose of this paper is to examine the relationship between the ecomuseum and solidarity tourism and to measure their impact on community development. Design/methodology/approach The study presented here adopts two methods for collecting qualitative data: in-depth interviews and observations. The total number of village households was 42 and the number of households that hosted tourists in their home was 20. Due to the exploratory nature of this study, qualitative methods were employed in the form of lengthy interviews with 13 residents. Findings The findings indicate that tourism for the Bogatepe Village ecomuseum has focused on a solidarity perspective which has provided significant benefits to the community ensuring local sustainable development. The ecomuseum as a concept and a destination has helped to control tourism and strengthened the impact of solidarity tourism on the local community. Research limitations/implications The research presented here must be seen as exploratory. More generally, further research is needed to look at the possibility of developing this type of tourism in other rural areas and similar regions of Turkey (covering both small and large areas) with an important cultural heritage. Originality/value The combination of the ecomuseum and solidarity tourism can provide a sustainable solution for tourism in rural areas and provide a model in the development of tourism to other villages in Turkey. The question is whether it could also be used in larger rural areas. The study underlines that Bogatepe is certainly worthy of future study.

scholarly journals The CEO-Chair relationship from a relational leadership perspective

2016 ◽  
Vol 37 (8) ◽  
pp. 1135-1146 ◽  
Author(s):  
Satu Koskinen ◽  
Lämsä Anna-Maija
Keyword(s):  
Leadership Practices ◽  
Design Methodology ◽  
Empirical Investigation ◽  
Chief Executive ◽  
Relational Leadership ◽  
Content Type ◽  
Prior Literature ◽  
The Relationship ◽  
Depth Interviews ◽  
Practical Implications

Purpose The purpose of this paper is to conceptualise how the chief executive officer (CEO) and chairperson of the board (Chair) construct their relationship through their leadership practices, and to analyse the meaning of these practices to the relationship. An empirical investigation from both partners’ viewpoint is conducted. Design/methodology/approach The data were gathered through in-depth interviews with 16 CEOs and 16 chairpersons from the same companies. Content analysis was used to analyse the data. Findings Four types of leadership practices in the CEO-Chair relationship were conceptualised: emergent practices on company- and person-related issues, and scheduled practices on company- and person-related issues. For the effectiveness of the relationship, emergent practices on company-related issues seem to be most important. Research limitations/implications The basing of the analysis on interviewees’ descriptions rather than on the observation of leadership practices in action can be considered a limitation. Practical implications Knowledge of leadership practices in the CEO-Chair relationship and their meaning to the relationship can be utilised in leadership training. Originality/value This research contributes to the relational leadership literature by highlighting a specific leadership relationship, the CEO-Chair relationship, from both partners’ viewpoint. Additionally, the value of the study is that it shows that the CEO-Chair relationship is more multifaceted than traditionally assumed in prior literature.

The importance of being local: prioritizing knowledge in recruitment for destination development

2014 ◽  
Vol 69 (3) ◽  
pp. 229-243 ◽  
Author(s):  
Kajsa G. Åberg
Keyword(s):  
Regional Development ◽  
Design Methodology ◽  
Research Area ◽  
Qualitative Approach ◽  
Theory And Practice ◽  
Specific Knowledge ◽  
Content Type ◽  
Depth Interviews ◽  
Practical Implications

Purpose The paper aims to illuminate the discrepancy between the need for knowledge as found in prior research and the requirements formulated by those taking part in destination development. The results are intended to contribute to further research on the role of knowledge in destination management when performed as a strategy for regional development. Design/methodology/approach Based on theories within epistemology and tourism, an interview structure was developed and used in 10 in-depth interviews, with a qualitative approach through open-ended questions. This was complemented by a mapping of specific background factors through enquiries with 23 respondents. The paper follows an explorative approach to illuminate one aspect within the research area of destination development. Findings It was found that when recruiting much significance is put on understanding the structures of involved actors and local rooting. In contrast to theoretical findings, specific knowledge was not a prioritized requirement, neither in tourism nor marketing. Hence, there is a gap between what is perceived as needed for destination development according to academia and how it is being performed by practitioners. Research limitations/implications The study is limited in geography and context. Because the research design was showed to be successful in capturing significant aspects, it is proposed for use in further research. Practical implications The paper deepens the understanding of factors explaining success and impediments of destination development. It underlines the need for bridging the gap between theory and practice. Originality/value This work addresses a vital, but not fully explored, aspect of an extensively implemented strategy for regional development.

Lifestyle entrepreneurs in winemaking

2019 ◽  
Vol 31 (3) ◽  
pp. 385-405 ◽  
Author(s):  
Andrea Dominici ◽  
Fabio Boncinelli ◽  
Enrico Marone
Keyword(s):  
Economic Theory ◽  
Family Business ◽  
Design Methodology ◽  
Profit Maximization ◽  
Mainstream Economic ◽  
Content Type ◽  
Explorative Study ◽  
Hands On ◽  
Depth Interviews

Purpose The purpose of this study is to investigate non-pecuniary motivations and benefits of involvement in the wine business. Combining these motives with winery owners’ characteristics, attitudes and implemented strategies, the aim is to identify different winery owners’ styles in small-medium family-run firms. Design/methodology/approach The applied method is a qualitative explorative study involving in-depth interviews with Tuscan winery owners. They have hands-on involvement in the winemaking process, own a family business and supervise all of the production phases, from grape growing to bottling. Findings The study highlights the key role of non-economic motivations for winery owners. Passion, independence and a desire to live close to nature are predominant compared to pecuniary motivations, such as profit maximization. Therefore, the “lifestyle-oriented” style, characterized especially by the achievement of non-pecuniary benefits, represents the prevailing style amongst the interviewed winery owners, in contrast to the “business-oriented” style, which features typical producers described by mainstream economic theory. Originality/value The findings of this study are pivotal because they can facilitate a better understanding of how family-run wineries make decisions related to, e.g. firm size, staff management, product quality, exports and sustainability.

scholarly journals Early contractor involvement (ECI): ways to do it in public projects

2020 ◽  
Vol 20 (1) ◽  
pp. 62-87
Author(s):  
Paulos A. Wondimu ◽  
Ole Jonny Klakegg ◽  
Ola Lædre
Keyword(s):  
Literature Review ◽  
Case Studies ◽  
Empirical Data ◽  
Design Methodology ◽  
Business Practices ◽  
Public Project ◽  
Content Type ◽  
Public Projects ◽  
Original Contribution ◽  
Depth Interviews

Purpose Early contractor involvement (ECI) faces many barriers because it differs from traditional business practices. Public owners, especially, face a major challenge because they must comply with international and national legislation. The purpose of this paper is to develop a framework that illustrates the various approaches that public project owners can take to implement ECI. Design/methodology/approach In addition to a literature review, three groups of case studies were carried out. The case studies were based on 54 semi-structured in-depth interviews with key personnel from 21 Norwegian public projects and document study. Findings In all, 25 approaches to ECI were identified during the research. Twelve of these were used in the cases studied. Social implications There are several approaches to ECI that are suitable for public owners. However, the contractor’s contribution depends on which approach is implemented and how it is implemented. Originality/value As original contribution, this study presents a novel framework that defines options for implementing ECI in public projects. Furthermore, this paper provides insights on how ECI can be implemented in public projects based on Norwegian experiences. Although the empirical data of the study is limited to Norwegian public projects, this study contributes to knowledge about how to implement ECI internationally.

scholarly journals The chairperson and CEO roles interaction and responses to strategic tensions

2018 ◽  
Vol 18 (1) ◽  
pp. 143-164 ◽  
Author(s):  
Filipe Morais ◽  
Andrew Kakabadse ◽  
Nada Kakabadse
Keyword(s):  
Shared Leadership ◽  
Design Methodology ◽  
Listed Companies ◽  
Content Type ◽  
Individual Perceptions ◽  
The Uk ◽  
Role Boundaries ◽  
The Relationship ◽  
Depth Interviews ◽  
Practical Implications

Purpose The purpose of this paper is to use Stewart’s model of role as a lense from which to explore chairperson and CEO role dynamics in addressing strategic paradox and tension. Design/methodology/approach The paper draws on 29 semi-structured, in-depth interviews with chairpersons and CEOs of UK-listed companies. Interview data are subjected to role analysis using Stewart’s (1982) Demands-Constraints-Choice (DCC) model of role. Findings Findings indicate that relationship levels of trust, communication and chairperson time enable strategic tensions to be raised and confronted in the relationship reducing defensiveness. Two distinct approaches to handle strategic tensions are found. The CEO-led approach predominates and rests on less flexible role boundaries, requiring the chairperson to proactively identify strategic tensions and perform an advisory/mentoring role. The shared leadership approach, less prevalent, rests on highly flexible role boundaries where the skills and experience of each incumbent become more relevant, enabling the separation of efforts and integration of strategic tensions in the relationship in a “dynamic complementarity of function”. Research limitations/implications The paper only applies to the UK context and is limited to contexts where CEO and chairperson roles are separate. The paper draws on individual perceptions of chairperson and CEOs (i.e. not pairs). Practical implications The paper provides insights to practicing CEOs and chairperson on two distinct ways of working through strategic paradox and tensions. Originality/value The paper adds to the scarce literature at chairperson and CEO roles and strategic paradox and tension.

scholarly journals Capability components of supply chain resilience for readymade garments (RMG) sector in Bangladesh during COVID-19

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Ali ◽  
Syed Mahbubur Rahman ◽  
Guilherme F. Frederico
Keyword(s):  
Supply Chain ◽  
Design Methodology ◽  
Fashion Industry ◽  
Content Type ◽  
Supply Chain Resilience ◽  
Second Stage ◽  
Qualitative Research Design ◽  
The Relationship ◽  
Depth Interviews ◽  
Practical Implications

PurposeThe readymade garments (RMG) industry acts as one of the foremost vital catalysts for financial as well as social advancement of Bangladesh. Due to the harsh impact of COVID-19, RMG sector has been confronting a never-seen-before phenomenon. Since the supply chain has seriously been influenced, concern raises among industry and policymakers on how to support against disturbances resulting from pandemics. Accordingly, this research aims to explore the vulnerability and capability factors of RMG sector in Bangladesh, their relationship and how these variables affect supply chain resilience.Design/methodology/approachA qualitative research design has been employed. In the first stage, content analysis has been performed. Since COVID-19 is a new experience, newspapers were the source to become acquainted with the vulnerability and capability factors following the guidelines provided by Pettit et al. (2010). In the second stage, in-depth interviews with key informants were conducted to investigate the relationship among the variables and how these factors may influence supply chain resilience.FindingsThis study identifies fourteen capability factors and their sub-factors of RMG industry in Bangladesh in order to improve the resilience capacity against the vulnerabilities in the context of COVID-19 pandemic.Research limitations/implicationsThis research is based on the setting of particular industry in Bangladesh, where respondents are immersed in a unique culture. Special care is required to generalize the results to other segments and phenomena.Practical implicationsThe framework recognizes the balanced and unbalanced strength with the capability's components and find the relation between capabilities and vulnerabilities within the fashion industry. By creating the resilience network with the four conceivable positions, companies can find themselves with their capability's components and natural vulnerabilities.Originality/valueThis study investigates diverse components of capability figure against vulnerabilities to create the supply chain resilience. This paper, moreover, develops with four conceivable positions with their capabilities against existing vulnerabilities which brings timely contribution considering the context of COVID-19.

Family business and sport entrepreneurship

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Vanessa Ratten
Keyword(s):  
Family Business ◽  
Design Methodology ◽  
Family Members ◽  
Research Area ◽  
Family Businesses ◽  
Content Type ◽  
Academic Literature ◽  
Family Entrepreneurship ◽  
The Way

PurposeMany sport enterprises involve family members either as owners, employees or supporters, depending on the circumstances. Despite the embedded way families define and help to build sport enterprises, there is a lack of linkage in the academic literature between family business and sport entrepreneurship. The aim of this article is to understand the linkage in more detail by focusing on the way sport, family and entrepreneurship are embedded in society.Design/methodology/approachDue to the exploratory nature of the study, a qualitative approach was undertaken to understand the feelings and perceptions surrounding the process of sport entrepreneurship in family businesses.FindingsThe findings suggest that family businesses view the process of sport entrepreneurship as being context-dependent that relies on the interaction of family members for its success. This means that networking and co-creation are part of this process.Research limitations/implicationsAs the role of families in sport enterprises becomes more acknowledged, it is important that research keeps up-to-date with this trend. Thus, the findings of this article will help more family businesses with their sport-related ventures.Originality/valueThis article is the first to explicitly examine the linkage between family entrepreneurship and sport entrepreneurship, thereby paving the way for more research to examine this interesting research area.

New regulations: challenge or opportunity for Turkish SMEs?

2015 ◽  
Vol 7 (2) ◽  
pp. 173-190 ◽  
Author(s):  
Sema Bayraktar
Keyword(s):  
Design Methodology ◽  
Approval Process ◽  
Content Type ◽  
Start Up ◽  
Commercial Code ◽  
Turkish Commercial Code ◽  
Loan Approval ◽  
The Relationship ◽  
Regulation Changes ◽  
Depth Interviews

Purpose – This study aims to analyze how recent regulation changes, namely, Basel II and the New Turkish Commercial Code, affect small and medium-sized enterprises (SMEs) and the relationship between SMEs and banks in Turkey through the eyes of SME managers. The author believes that the answers could differ for various types of SME. Design/methodology/approach – In-depth interviews enabled a refined analysis of the effects of regulations in the eyes of firms’ representatives. The study was conducted for SMEs in the Anatolia Organized Industrial Zone. Findings – One of the important conclusions of the paper is the fact that the loan approval process has been standardized and centralized. The results also show that regulations have different effects on larger and already stable firms than on smaller and/or start-up SMEs that do not have sufficient resources for the transformation required by regulations. Originality/value – First, this study is a qualitative study that has the advantage of reaching richer and more plausible information that cannot be obtained by analyzing the numbers. Second, this study tries to analyze the perceptions of SMEs’ financial representatives rather than the perspectives of bank representatives. Finally, to the author’s knowledge, there has been no other study that analyzed a developing country on this topic.

scholarly journals Total value in business relationships: exploring the link between power and value appropriation

2018 ◽  
Vol 33 (2) ◽  
pp. 174-182 ◽  
Author(s):  
Daniel Chicksand ◽  
Jakob Rehme
Keyword(s):  
Customer Value ◽  
Design Methodology ◽  
Business Relationships ◽  
Business Relationship ◽  
Value Appropriation ◽  
Content Type ◽  
Contentious Issue ◽  
Supply Chain Relationships ◽  
Business Exchange ◽  
The Relationship

Purpose The purpose of this paper is to consider how value can be better defined and to understand the drivers of value appropriation in business relationships. In doing so, the authors explore the role that power plays in determining the sharing of value in those relationships. Design/methodology/approach This paper contains a conceptual discussion about value and the appropriation of value in business relationships, which leads to the development of a methodology for assessing the sharing of value. Findings In this paper, the authors have developed a view of total value in supply chain relationships. They argue that the value of the relationship is the sum of the customer and supplier value, including both tangible and intangible benefits and sacrifices. In addition, they maintain that the appropriation of value in a business relationship is reliant upon: the power both parties possess; the direct and tangible value each party has to offer; and the indirect and intangible value that each has to offer. They also provide a methodology, which can be used to determine the sharing of value between two actors within a business exchange. Research limitations/implications In arriving at the conceptualisation of total value and in the discussion of value appropriation in business relationships, the authors drew upon extant literature. However, a limitation is that they were unable to fully consider all the academic discourse centred on value and value appropriation. Originality/value The discussion brings together the issues of customer value and supplier value to the concept of “total value”. Thereafter, it links the contentious issue of buyer and supplier power, so as to better understand the appropriation of value in business relationships.

Sign in / Sign up

Export Citation Format

Share Document