An analysis for development of family enterprise based on the theory of management entropy

2012 ◽  
Author(s):  
Minglin Zhang ◽  
Xianyan Guan ◽  
Ronghua Zhou
Keyword(s):  
Family Enterprise ◽  
Management Entropy

Innovationsmotor Medientechnik – Von der Schreibmaschine zur «Mittleren Datentechnik» bei der Siemag Feinmechanische Werke (1950 bis 1969)

2021 ◽  
Vol 66 (1) ◽  
pp. 93-117
Author(s):  
Christian Henrich-Franke
Keyword(s):  
Data Processing ◽  
New Technologies ◽  
Strategic Decisions ◽  
Adverse Conditions ◽  
Family Enterprise ◽  
The Us ◽  
Innovative Products ◽  
The Face ◽  
The Media ◽  
The 1960S

Abstract The second half of the 20th century is commonly considered to be a time in which German companies lost their innovative strength, while promising new technologies presented an enormous potential for innovation in the US. The fact that German companies were quite successful in the production of medium data technology and had considerable influence on the development of electronic data processing was neglected by business and media historians alike until now. The article analyses the Siemag Feinmechanische Werke (Eiserfeld) as one of the most important producers of the predecessors to said medium data technologies in the 1950s and 1960s. Two transformation processes regarding the media – from mechanic to semiconductor and from semiconductor to all-electronic technology – are highlighted in particular. It poses the question of how and why a middling family enterprise such as Siemag was able to rise to being the leading provider for medium data processing office computers despite lacking expertise in the field of electrical engineering while also facing difficult location conditions. The article shows that Siemag successfully turned from its roots in heavy industry towards the production of innovative high technology devices. This development stems from the company’s strategic decisions. As long as their products were not mass-produced, a medium-sized family business like Siemag could hold its own on the market through clever decision-making which relied on flexible specialization, targeted license and patent cooperation as well as innovative products, even in the face of adverse conditions. Only in the second half of the 1960s, as profit margins dropped due to increasing sales figures and office machines had finally transformed into office computers, Siemag was forced to enter cooperation with Philips in order to broaden its spectrum and merge the production site in Eiserfeld into a larger business complex.

scholarly journals Determinants of building competitive positions of family enterprises – case study

2015 ◽  
Vol 6 (3) ◽  
pp. 111-121
Author(s):  
Anna Lemańska-Majdzik ◽  
Monika Sipa
Keyword(s):  
Competitive Advantage ◽  
Competitive Position ◽  
Family Enterprise ◽  
Family Enterprises ◽  
Production Company

Abstract The paper presents theoretical and practical aspects of the issue of a family enterprise and building a competitive advantage. The aim of the paper was to attempt to determine the elements building a competitive position of an enterprise and to identify the factors that have contributed to the success, with a case study of a family production company.

Information asymmetric enterprise management incentive mechanism based on dissipative structure

2021 ◽  
pp. 1-11
Author(s):  
Lingling Wu
Keyword(s):  
Information Asymmetry ◽  
Organization Theory ◽  
Management System ◽  
Dissipative Structure ◽  
Incentive Mechanism ◽  
Development Trend ◽  
Development Stage ◽  
Enterprise Management ◽  
Corporate Management ◽  
Management Entropy

Because the enterprise management incentive mechanism operates in the complexity and nonlinearity of the enterprise system, its life evolution process is full of uncertainty and chaos. The theory of management entropy and management dissipative structure reveals two trends in the development of corporate organizational structure and incentive mechanism. Through the analysis of information asymmetry in corporate activities, we can know that information asymmetry absolutely exists. In order to weaken the information asymmetry, the enterprise must design an effective management system to make the company management more systematic. Based on the analysis of the basic theories of management entropy and management dissipative structure, this paper applies the two to the study of corporate incentives. Then, based on the self-organization theory of dissipative structure, we discussed the orderly evolution mechanism of the enterprise management system, and judged the development trend of corporate management performance from the perspective of system changes. The order degree calculation model can then evaluate the efficiency of corporate management and provide a new perspective for corporate management. Judging the role and development stage of management entropy and management dissipative structure in the enterprise’s incentive mechanism, so that the incentive can play an effective role, and provide theoretical support and practical methods for the enterprise to establish a good incentive mechanism.

scholarly journals Study on Employee Silence Behavior: An analysis on Pakistani Family Enterprise

2020 ◽  
Vol 10 (10) ◽  
Author(s):  
Imran Ahmed Shah ◽  
Junaid Ahmed Solangi ◽  
Aamir Ali Lashari ◽  
Abdul Ghaffar Bhatti ◽  
Saaherah Alkiany ◽  
...  
Keyword(s):  
Pakistani Family ◽  
Family Enterprise ◽  
Employee Silence

scholarly journals Rethinking entrepreneurship and family business research in Honduras: a closer look in times of crisis

2020 ◽  
Vol 9 (1) ◽  
pp. 28-38
Author(s):  
Allan Discua
Keyword(s):  
Entrepreneurial Activity ◽  
Business Research ◽  
Family Enterprise ◽  
Large Size ◽  
Family Enterprises ◽  
The Social ◽  
The Family ◽  
The World ◽  
Relevant Context ◽  
Is Value

Introduction: Around the world, entrepreneurial activity is influenced by family. The influence of family in the creation, management, development and continuity of small, medium and large size enterprises is unequivocal. In this revision article, I argue for the relevance of further research in Honduras around entrepreneurship and the family enterprise. Methods and Discussion: As families in business are vital to the social and economic fabric of communities around the world there is value in understanding the special nature of enterprises that operate as family businesses. Honduras is a relevant context of study as research on family enterprises has been underrepresented and several challenges and fortuitous events affect the emergence and continuity of family enterprises. Conclusion: To advance understanding, this revision article brings together a collection of themes that provide a nuanced overview of key discussions and opportunities for further research.

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