Family involvement and organizational ambidexterity in later-generation family businesses

2015 ◽  
Vol 53 (5) ◽  
pp. 1061-1082 ◽  
Author(s):  
Martin R. W. Hiebl
Keyword(s):  
Family Involvement ◽  
Design Methodology ◽  
Family Businesses ◽  
Organizational Ambidexterity ◽  
Term Survival ◽  
Content Type ◽  
Management Literature ◽  
Conceptual Paper ◽  
The Relationship

Purpose – How family businesses (FBs) manage to survive in the long term is still not well understood in FB research. A promising concept to explain survivability, that is currently heavily discussed in the management literature is organizational ambidexterity (OA) – the ability to balance exploring and exploiting activities at the same time. However, FB research has not yet taken sufficient advantage of the potential of OA to contribute to explaining the ability of later-generation FBs to survive. The paper aims to discuss this issue. Design/methodology/approach – Using central tenets of agency theory, this conceptual paper draws together findings from the FB literature and the OA literature to create a framework for the relationship between family involvement and the ability to reach high levels of OA. Findings – Seven propositions are developed which suggest that the level of family involvement in ownership and management affect the ability of later-generation FBs to reach high levels of OA. They further suggest that the number of family shareholders, the existence of majority family shareholders, and generational involvement of the controlling family in management moderate these relationships. Originality/value – This is the first paper to theoretically analyze OA in later-generation FBs. The seven propositions and avenues for further research presented in this paper are intended to motivate FB research to take a closer look at OA. This may be crucial to better explaining and predicting one of business-owning families’ most important goals: the long-term survival of the FB.

scholarly journals Blending in: A Case Study of Transitional Ambidexterity in the Financial Sector

2021 ◽  
Vol 13 (4) ◽  
pp. 1690
Author(s):  
Beniamino Callegari ◽  
Ranvir S. Rai
Keyword(s):  
Financial Sector ◽  
Economic Sustainability ◽  
Organizational Ambidexterity ◽  
Management Literature ◽  
Innovative Capabilities ◽  
Financial Firm ◽  
The Relationship

Organizational ambidexterity is widely recognized as necessary for the economic sustainability of firms operating in the financial sector. While the management literature has recognized several forms of ambidexterity, the relationship between them and their relative merits remain unclear. By studying a process of implementation of ambidextrous capabilities within a large Scandinavian financial firm, we explore the role of top-down reforms and bottom-up reactions in determining the development of sector-specific innovative capabilities. We find that blended ambidexterity follows naturally from the attempt to correct the tensions arising from harmonic ambidextrous blueprints. The resulting blended practice appears to be closely related to the reciprocal model of ambidexterity, which appears to be a necessity rather than a choice, for large firms attempting to develop innovative capabilities. Consequently, we suggest to re-interpret current taxonomies of ambidexterity not as alternative blueprints, but rather as stages in a long-term process of transition.

The effect of green purchasing on purchasing performance: the moderating role played by long-term relationships and strategic integration

2016 ◽  
Vol 31 (2) ◽  
pp. 312-324 ◽  
Author(s):  
Javier González-Benito ◽  
Gustavo Lannelongue ◽  
Luis Miguel Ferreira ◽  
Carmen Gonzalez-Zapatero
Keyword(s):  
Design Methodology ◽  
Purchasing Management ◽  
Environmental Practices ◽  
Content Type ◽  
Strategic Integration ◽  
Green Purchasing ◽  
The Impact ◽  
The Relationship ◽  
Moderating Role

Purpose – The purpose of this paper is to analyse the relationship between the environmental management of purchases and firm performance. The authors examine the moderating role played by two variables: the establishment of long-term relationships with suppliers and the strategic integration of the purchasing function. Design/methodology/approach – The authors conduct an empirical study on a sample of 100 Portuguese firms. Findings – Evidence reveals that green purchasing management improves the performance of the purchasing function, although the impact is greater when the organisation forges lasting alliances with its suppliers. Originality/value – This paper contributes to the study of the consequences of introducing environmental practices into the purchasing function, especially with regards to the formation of a panel of sustainable suppliers. Specifically, this research provides evidence to show that the implementation of those practices has positive impacts on the operating performance of the purchasing function and that the said effect is greater when a firm establishes long-term relationships with its suppliers.

HC and financial performance with two HRM strategies

2017 ◽  
Vol 66 (4) ◽  
pp. 459-478 ◽  
Author(s):  
Nopadol Rompho
Keyword(s):  
Human Capital ◽  
Regression Analysis ◽  
Financial Performance ◽  
Lead Time ◽  
Design Methodology ◽  
Strategy Choice ◽  
Content Type ◽  
The Relationship ◽  
Practical Implications

Purpose The purpose of this paper is to examine the relationship between levels of human capital and financial performance of firms that use two distinct human resource management (HRM) strategies. Design/methodology/approach A survey of 128 HRM managers was conducted to assess differences in human capital between firms using different HRM strategies. A multiple regression analysis was used to investigate the relationship between firms’ human capital and financial performance. Findings The results show that companies employing a make-organic strategy have a higher level of human capital than companies employing a buy-bureaucratic strategy. There was no relationship between the level of human capital and long term financial performance of firms with both make-organic and buy-bureaucratic strategies. Research limitations/implications This research contributes toward understanding the effect of HRM strategy and facilitates an optimal strategy choice depending on the organization. However, this study did not consider the lead time between changes in human capital and the effect on financial performance. Practical implications The research encourages firm managers to understand the value of human capital, preparing them for changes in the future. Originality/value This study is among the first to investigate the relationship between human capital and financial performance considering different HRM strategies.

Direct and indirect effect of entrepreneurial orientation, family involvement and gender on family business performance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Erny Rachmawati ◽  
Suliyanto ◽  
Agus Suroso
Keyword(s):  
Family Involvement ◽  
Family Business ◽  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Family Businesses ◽  
Future Research ◽  
Content Type ◽  
The Family ◽  
The Relationship

PurposeThis study aims to determine the direct effect of entrepreneurial orientation on family business performance. This study also discusses the role of family involvement as a mediating variable and the role of gender as a moderating variable in the relationship between entrepreneurial orientation and family business performance.Design/methodology/approachA total of 328 hotels in Yogyakarta, Indonesia, were selected as samples by the convenience sampling method. Primary data is collected through structured questionnaires that are delivered by themselves to key people in the hotel such as owners, directors and key staff (HRD, financial, relationship). Hypotheses are tested by structural equation modeling procedures using AMOS 22.0. Sobel test is used to determine the indirect effect of the mediation variable.FindingsThe results showed that entrepreneurial orientation had no significant effect on family business performance. Family involvement acts as a full mediation in the relationship between entrepreneurial orientation and family business performance. Gender acts as a moderating variable that can strengthen the relationship between entrepreneurial orientation and family business performance. The results showed support for previous research.Research limitations/implicationsThe results of the study cannot conclude the national family business because it adopts convenience sampling and the sampling area is limited in Yogyakarta. Future research can use a larger sample. This study only researches hotels managed by family businesses, so it is not feasible to conclude for family businesses in general. Future research may choose to use several types of family businesses so that more varied results can be obtained. Future research could also compare hotels managed by family businesses with non-family businesses. The results also found that in addition to gender roles, respondent heterogeneity was an important component in the study of social identity. Therefore, research examining the influence of different cultures on the relationship between entrepreneurial orientation and family business performance should be an extraordinary topic for future study. Other results from this study also indicate that there is a role for religion in improving hotel performance. Future research is needed to further explore Islamic business modeling for family businesses.Practical implicationsThis finding has significant implications that can help family businesses in developing strategies that are suitable for business management. Entrepreneurial orientation occupies a strategic position in developing sustainable competitive advantage in the family business of the tourism sector especially the hotel business in Yogyakarta for the better. Besides, the results of the study also showed that entrepreneurial orientation had no significant effect on performance. This relationship becomes significant when combined with active family involvement. This finding also shows that entrepreneurial orientation has the potential to have a more beneficial effect because of the active involvement of the family in helping with business management, alleviating business-related problems, and having a significant influence when the family also acts as management.Social implicationsResearch findings indicate the role of gender in strengthening the relationship between entrepreneurial orientation and family business performance. This provides a good position for women in the social environment to show achievement. To place women on the side of gender equality and justice in the family business in Indonesia. By opening wider access for Indonesian women in the realm of business management, expanding women's participation in a family business, increasing the role of control for women, and increasing women's knowledge and skills to increase the benefits in managing family businesses so that they have sustainable resilience in the face of global competition.Originality/valueThe results of this study provide a new model in providing an overview of the direct and indirect roles (mediating and moderating) in the assessment of family business performance. This study uses three variables which are important in performance appraisal, namely entrepreneurial orientation (independent variable), family involvement (mediating variable) and gender (moderating variable). Where research that combines these four variables, directly and indirectly, has never been done before.

Sustainable family business

2019 ◽  
Vol 41 (7) ◽  
pp. 945-965 ◽  
Author(s):  
Rawa Alwadani ◽  
Nelson Oly Ndubisi
Keyword(s):  
Family Involvement ◽  
Family Business ◽  
Environmental Sustainability ◽  
Family Businesses ◽  
Psychological Ownership ◽  
Environmental Sensitivity ◽  
Bottom Line ◽  
Content Type ◽  
Mindful Organizing ◽  
The Relationship

Purpose Family centered non-economic (FCNE) goals, such as environmental and social goals, are sometimes strenuous to “sell” to non-family members in a family business, and are often open to resistance. The purpose of this paper is to identify socio-psychological mechanisms for achieving FCNE goals because, in addition to economic goals, they are the other two components of the triple bottom line. Design/methodology/approach Through a juxtaposition of the literature on family businesses, and the theories of mindfulness and psychological ownership, this paper argues for the facilitating roles of family involvement and mindful organizing in the achievement of FCNE goals. An example of how a Kuwaiti oil company implements these ideas is appended. Findings A moderated link between family involvement, mindful organizing and FCNE goal of environmental sustainability. Besides its direct effect on environmental sustainability, mindful organizing also has a potential mediating role in the relationship between family involvement and environmental sustainability. Psychological ownership, environmental sensitivity and individual mindfulness will moderate the relationship between mindful organizing and the achievement of environmental sustainability goals. Research limitations/implications The paper presents ten propositions and argues that three types of family involvement (ownership, management and inter-generational), together with non-family engagement (through mindful organizing) would lead to success in achieving the FCNE goal of environmental sustainability. Psychological ownership, environmental sensitivity and individual mindfulness are potential moderators. Practical implications The paper suggests some key drivers of FCNE goal of environmental sustainability as well as several contingent factors. Applicable to family businesses, owners and/or managers of similar firms can apply knowledge from this study in the pursuit of environmental sustainability. Originality/value The paper’s model advances the current understanding of the link between family involvement, mindful organizing, environmental sustainability, psychological ownership, environmental sensitivity and individual mindfulness in the context of family business. The paper further suggests new future research directions.

Revisiting perspectives on George Homans: correcting misconceptions

2018 ◽  
Vol 24 (1) ◽  
pp. 57-75 ◽  
Author(s):  
Jeff Muldoon ◽  
Eric W. Liguori ◽  
Josh Bendickson ◽  
Antonina Bauman
Keyword(s):  
Social Exchange ◽  
Design Methodology ◽  
Social Exchange Theory ◽  
Content Type ◽  
Secondary Sources ◽  
Self Interest ◽  
Conceptual Paper ◽  
The Relationship ◽  
Work First ◽  
Common Misconceptions

Purpose This paper aims to correct some misconceptions about George Homans. Specifically, it clarifies the relationship between Homans and Malinowski, explains why Homans is rightfully considered the father of social exchange, shows Homans’ perspective on altruism and self-interest and analyses Homans’ place in management’s complex history. Design/methodology/approach This is a conceptual paper which synthesizes both primary and secondary sources on Homans, social exchange theory (SET), Malinowski and other Homans’ contemporaries and theories, which, in aggregate, help dispel some common misconceptions in the literature today. Findings This paper disperses several common misconceptions about Homans and his work. First, the findings show that beliefs that Homans was unaware of Malinowski are not justified, as Homans was not only aware of Malinowski but also significantly influenced by Malinowski’s work. Second, this manuscript clarifies that while Homans, for specific reasons, focussed on self-interest, his work accounted for altruism. Lastly, this paper also further cements Homans’ place in history as the father of social exchange. Originality/value Recent misconceptions have emerged in the literature calling to question not only Homans’ legitimacy as the father of social exchange but also some of his views on the theory itself. By clarifying these misconceptions, this paper enables scholars from a variety of management fields to better understand historical foundations of SET and its impact on current research.

The role of surgery in the management of supratentorial intermediate and high-grade astrocytomas in adults

1990 ◽  
Vol 73 (3) ◽  
pp. 331-344 ◽  
Author(s):  
Jules M. Nazzaro ◽  
Edward A. Neuwelt
Keyword(s):  
Surgical Management ◽  
Survival Data ◽  
Postoperative Radiotherapy ◽  
High Grade ◽  
Survival Times ◽  
Term Survival ◽  
Content Type ◽  
The Relationship

✓ In this analysis, the authors review studies over the last 50 years addressing the association between long-term survival and type of surgical management in adults with supratentorial intermediate or high-grade astrocytomas. Earlier reports are included because they are repeatedly referenced in current works and clearly are an important basis upon which present attitudes are predicated. Because recent work has definitively demonstrated the significance of prognostic variables on outcome, the handling of such factors in studies that investigated survival data according to degree of surgery is emphasized. Study design, experimental methods used, and methods of data analysis are also examined. This analysis shows that there is little justification for dogmatic statements concerning the relationship between increasing patient survival times and aggressive surgical management in adults with supratentorial intermediate or high-grade astrocytomas, if patients receive postoperative radiotherapy.

scholarly journals The professional and personal values and their revelation through professional doctorates

2016 ◽  
Vol 6 (3) ◽  
pp. 237-248 ◽  
Author(s):  
Paul Gibbs ◽  
Kate Maguire
Keyword(s):  
Design Methodology ◽  
Personal Values ◽  
Content Type ◽  
Stage Of Development ◽  
Professional Doctorate ◽  
Conceptual Paper ◽  
Professional Doctorates ◽  
The Relationship ◽  
Original Approach ◽  
Practical Implications

Purpose – The purpose of this paper is to discuss the relationship between individual practitioners’ personal values and their developing professional agentic values. It considers how the former might be in tension with the prescribed forms of practice held to be “professional” by professional bodies, warranting membership, and indeed, any licence to practice. Design/methodology/approach – The paper seeks an understanding of the different personal and collective ontological stances and tensions that practitioners may experience as they progress through their careers, attempting to align their own values with those of the collective values within their profession. It is a conceptual paper. Findings – The authors explore the ideas through a Heideggerian reading of transdisciplinarity which the authors find helpful. Research limitations/implications – This is a conceptual paper and my therefore may suffers from lack of empirical evidence which the authors would consider helpful as the next stage of development Practical implications – Through the lens of an “I” and “we” framework introduced in the paper and the use of a professional doctorate, the authors discuss how a practitioner and profession’s values may be in tension. Social implications – There may be issues of professional engagement which will impact on the development of the professions themselves. Originality/value – The authors believe this to be an original approach to understanding professional and personal values in professional doctorates

Pantograph-catenary contact reliability analysis under crosswind

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yong-Hua Li ◽  
Yang Cao ◽  
Yong-Xin Wu ◽  
Xiao-Ning Bai ◽  
Jia-Wei Mao
Keyword(s):  
Relative Motion ◽  
Design Methodology ◽  
Effective Length ◽  
Design Parameters ◽  
Lateral Deviation ◽  
Vector Method ◽  
Content Type ◽  
Bird Swarm Algorithm ◽  
The Relationship

PurposeThis paper aims to establish the relationship between crosswind speed and pantograph-catenary lateral deviation, as well as quantify the influence of crosswind speed and rod size uncertainty on pantograph-catenary contact reliability.Design/methodology/approachThe closed vector method is used to establish the pantograph-catenary kinematics formula. A new prediction model is proposed by using the bird swarm algorithm to optimize the grey model. The lateral deviation of the pantograph and catenary is predicted via the new model. Then the relationship between the effective length of the rod and operating mileage is inferred by combining the effective length theory with the Gamma process, as well as the pantograph-catenary contact reliability model is established according to reliability theory.FindingsThe results obtained show the impacts of uncertainty design parameters of pantograph rods on pantograph-catenary contact reliability index, and the results at crosswind speed of 0 ms−1 and 5 ms−1 are 5.0630 and 4.1442, respectively. The reliability decreases with the increasing crosswind speed, and can be greater than the reliability calculated for rod size degradation due to long-term use.Originality/valueMost preceding works on pantograph-catenary contact reliability were based on principles of dynamics, without considering the pantograph-catenary relative motion. This research reveals the law of pantograph-catenary relative motion for uncertainty design parameters and crosswind, and quantifies the reliability from the angle of kinematics.

“Running is my boyfriend”: consumers’ relationships with activities

2017 ◽  
Vol 31 (1) ◽  
pp. 24-33 ◽  
Author(s):  
Karl-Jacob Mickelsson
Keyword(s):  
Consumer Research ◽  
Design Methodology ◽  
Marketing Research ◽  
Activity Relationship ◽  
Marketing Practice ◽  
Content Type ◽  
Relationship Themes ◽  
Conceptual Foundations ◽  
The Relationship

Purpose The paper aims to introduce the idea that consumers have relationships with their own recurring activities. Instead of the usual notion of investigating the relationships between actors, or between actors and their possessions, the paper focuses on the relationship between an actor and a particular activity in which the actor regularly participates. Design/methodology/approach The paper is conceptual and exploratory in nature. It discusses different perspectives of consumer activity in marketing and then introduces a relationship view of activity. The paper proceeds to outline the conceptual foundations of this view by applying relationship characteristics found in the literature. Quotes from runners’ blogs are used to illustrate the different identified relationship themes. Findings The paper argues that consumers can be seen as having long-term relationships with their activities, and it introduces the concept of the “activity relationship”. The paper proceeds to demonstrate how this concept differs from the previous conceptualization of consumer activity and relationships. Research limitations/implications The activity-relationship perspective on consumer behavior opens up new venues for marketing research. It also facilitates new types of marketing practice, whereby producers can focus on supporting their customers’ relationships with valuable activities. Originality/value The paper presents a novel perspective on relationships. It contributes to consumer research and the customer-dominant view of marketing, whereby the customer’s perspective is put in focus and businesses serve as ingredients in the customer’s own context.

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