scholarly journals Strategic Planning in the Family Business of the Chinese Community of Mexicali, Baja California, Mexico

2014 ◽  
Vol 2 (5) ◽  
pp. 116
Author(s):  
Zulema Córdova Ruiz
Keyword(s):  
Strategic Planning ◽  
Family Business ◽  
Baja California ◽  
Chinese Community ◽  
The Family

Entrepreneurial behavior of family firms in the Indian community: adoption of a technology platform as a moderator

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sheshadri Chatterjee ◽  
Ranjan Chaudhuri ◽  
Demetris Vrontis
Keyword(s):  
Strategic Planning ◽  
Family Business ◽  
Family Firms ◽  
Business Community ◽  
Entrepreneurial Behavior ◽  
Content Type ◽  
Technology Platform ◽  
Indian Family ◽  
The Family ◽  
Digital Entrepreneurship

Purpose This study aims to investigate the generalizability of Daniela Weismeier-Sammer’s (2011) replication study on entrepreneurial behavior and extended the model by considering the adoption of a technology platform as a moderator in the Indian family entrepreneurship community. Design/methodology/approach The earlier replication study was conducted in Austria, and this one has been conducted in India with 372 respondents of Indian family firms. The study has used the structural equation modeling technique for analysis purposes. The study has also used multi-group analysis for understanding the moderator impact. Findings Willingness to change, generational involvement, perceived technological opportunities and corporate entrepreneurship for the Indian family business community, along with strategic planning, as a moderating factor, formed the earlier model. In the context of strategic planning, this study observes a similarity, but due to the consideration of the additional moderator, the role of generational involvement has become insignificant. Research limitations/implications This study adds value to the overall body of literature on the family business community, digital entrepreneurship and technology adoption in the family business community. The study provides valuable inputs on the digital entrepreneurship and family business firms which could be used by entrepreneurs, policymakers and practitioners for different purposes. The sample size is small and India specific so the proposed model cannot be generalizable. Originality/value This study has used replication and validation techniques in the digital entrepreneurship community and new venture creation in the Indian context. Very few studies have explored the digital entrepreneurship phenomenon in the Indian family business community context. Also, the use of adoption of technology platform as a moderator enhances the model from the earlier study. Thus, this study is deemed to be a unique research study.

scholarly journals Modelos de planeación estratégica en las empresas familiares (Models of strategic planning in the family business).

2017 ◽  
Vol 11 (1) ◽  
pp. 23 ◽  
Author(s):  
Arnoldo Araya Leandro
Keyword(s):  
Strategic Planning ◽  
Family Business ◽  
El Paso ◽  
Diagnostic Process ◽  
Family Plan ◽  
Business Results ◽  
The Family ◽  
Toma De Decisiones ◽  
Strategic Business Plan ◽  
Successful Business

<p><strong>RESUMEN</strong></p><p>Esta investigación presenta una revisión de la literatura sobre los modelos de planeación estratégica en las empresas familiares. La planeación estratégica en la empresa familiar es un proceso de diagnóstico, metódico, introspectivo y colectivo, de toma de decisiones, con relación a las actividades actuales y el rumbo que la familia empresaria debe tomar en el futuro para ajustarse a los cambios y demandas del entorno y de su estructura familiar, lo cual ayudará a su continuidad con el paso del tiempo, con resultados empresariales exitosos.</p><p>Toda empresa familiar desea que la familia permanezca como dueña del negocio de generación en generación, para ello se debe planear qué van a hacer para que este deseo se convierta en realidad. Este plan no puede ignorar el plan estratégico de la empresa ni el plan estratégico de la familia, con el fin de que ambas logren, en forma conjunta, las metas que se proponen. Existen varios modelos de planeación estratégica en las empresas familiares que ayudan a la continuidad del negocio familiar.</p><p>  </p><p><strong>ABSTRACT</strong></p><p>This research presents a literature review on models of strategic planning in family businesses. Strategic planning in family business is a decision-making diagnostic process, methodical, introspective and collective, about the current activities of the family business, and the path it should take in the future to adjust to the changes and demands of the environment and the family structure, in order to keep the continuity over time with successful business results.</p><p>Every family company that wants the family to remain as owner of the company from generation to generation, should plan what they will do to make it possible. This plan cannot ignore the strategic business plan and the strategic family plan, so that both jointly achieve the goals proposed.</p>

Research Note: Family Business Consultants—Who We Are, What We Do, and How We Do It

1993 ◽  
Vol 6 (3) ◽  
pp. 301-311 ◽  
Author(s):  
Nancy Upton ◽  
Karen Vinton ◽  
Samuel Seaman ◽  
Carlos Moore
Keyword(s):  
Strategic Planning ◽  
Family Business ◽  
Demographic Data ◽  
Family Firm ◽  
Planning Committee ◽  
Research Note ◽  
The Family ◽  
Business Consultants

This research note compares data from two surveys of members of the Family Firm Institute conducted during 1990 and 1991 and relates these data to the issues confronting family business as an emerging field. One survey, sent to all Family Firm Institute members, requested demographic data and information pertinent to the Family Firm Institute strategic planning committee. The second survey, sent to those members of Family Firm Institute who self-identified as service professionals, was designed to investigate practice methodology. Prospects for the development of the field are discussed.

The Importance of Leadership, Corporate Climate, Use of Resources, and Strategic Planning in Family Business

2019 ◽  
pp. 212-230
Author(s):  
Danny C. Barbery ◽  
Carlos L. Torres
Keyword(s):  
Emotional Intelligence ◽  
Resource Management ◽  
Strategic Planning ◽  
Family Business ◽  
Social Intelligence ◽  
Working Environment ◽  
The Other ◽  
Use Of Resources ◽  
The Family ◽  
The One

This chapter deals with the significance and interaction of four key elements for the development of the family business: on the one hand, the leadership and the working environment as human elements, and on the other hand, the resource management and strategic planning. After reviewing some literature, the authors concluded that family business, through their socioemotional wealth (SEW), emotional intelligence (EI), and social intelligence (SI), generate an interaction between these four variables which results in a model centered on the socioemotional intelligence (SEI). The SEI is the main pillar of family businesses, as these are classified in four types: the fearful, the curious, the careful, and the focused.

Hacienda Flandes: the ups and downs of a Colombian coffee farm

2016 ◽  
Vol 6 (1) ◽  
pp. 1-23
Author(s):  
Henry Ossa ◽  
Ana Cristina Gonzalez
Keyword(s):  
Strategic Planning ◽  
Family Business ◽  
Business Strategy ◽  
Subject Area ◽  
Family Businesses ◽  
Class Discussion ◽  
Content Type ◽  
The Family ◽  
Antecedents And Consequences ◽  
Family Demands

Subject area Strategic Planning for family businesses. Study level/applicability MBA family businesses courses and/or executive education courses that focus on family businesses. The case can be used in introductory sessions related to family business strategy. Case overview This case tells the story of two generations of coffee plant growers at Hacienda Flandes in Colombia’s coffee region. It describes external and internal factors that affected the family business from 1970 to 2013. The case presents antecedents and consequences of environmental circumstances and family members’ decisions that drive this business from boom to decline and later on to its potential reinvention. Through an analysis of this family-owned coffee plantation across generations, students are expected to understand the importance of strategic planning in family businesses, in a changing and competitive environment. Family businesses in emerging economies are the most common type of businesses. In Latin America, most of family businesses might be younger than those in Europe and even in North America. Therefore, family businesses in these economies can be going through or will soon go through a succession. Succession success rate is low, regardless of the culture or country in which the family business develops. This case deals with the preparation (or lack of preparation) of the next generation in family businesses management and its consequences and helps students suggest alternatives and better decisions to run family businesses in an emerging economy. Expected learning outcomes Students will be able to know and explain the concept of a family business as a dynamic system: firm, family and individuals, each one with actions and outcomes; analyze opportunities for and threats to family businesses across generations; and formulate strategies that balance business and family demands. Supplementary materials The teaching note has specific reading materials to support class discussion.

Human Resources in the Family Business

2016 ◽  
Author(s):  
David Ransburg ◽  
Wendy Sage-Hayward ◽  
Amy M. Schuman
Keyword(s):  
Human Resources ◽  
Family Business ◽  
The Family

Making gender visible in family business: past and present

2012 ◽  
Vol 13 (1) ◽  
Author(s):  
Paloma Fernández Pérez ◽  
Eleanor Hamilton
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Business Leadership ◽  
Legal Rules ◽  
Developed Economies ◽  
The Family ◽  
Interdisciplinary Synthesis ◽  
Complex Forms ◽  
Rules Of The Game

This  study  contributes  to  developing  our understanding of gender and family business. It draws on studies from the business history and management literatures and provides an interdisciplinary synthesis. It illuminates the role of women and their participation in the entrepreneurial practices of the family and the business. Leadership is introduced as a concept to examine the roles of women and men in family firms, arguing that concepts used  by  historians or economists like ownership and management have served to make women ‘invisible’, at least in western developed economies in which owners and managers have been historically due to legal rules  of  the  game  men,  and  minoritarily women. Finally, it explores gender relations and  the  notion  that  leadership  in  family business  may  take  complex  forms  crafte within constantly changing relationships.

Informalitas Dalam Formalitas: Sebuah Kajian Budaya Organisasi Perusahaan Keluarga

2018 ◽  
Vol 3 (2) ◽  
pp. 200
Author(s):  
Hardiyanti Munsi ◽  
Ahmad Ismail
Keyword(s):  
Cultural Values ◽  
Family Business ◽  
Participant Observation ◽  
National Level ◽  
Ideal Types ◽  
The Family ◽  
Formal Organizations ◽  
Religious Aspects ◽  
Depth Interviews ◽  
Big Men

This article intends to identify and to describe the unique structure and the managing style that owns primordial characteristics, that is giving significance to kinship, religion, and local Bugis cultural values, which made up the cultural system of PT. Hadji Kalla family business. Theoritically, this research was inspired from Weberian perspective on the ideal types of bureaucracy, that observes organizations (in this case is the family business) as one of the socio-cultural phenomena which is neutral and value-free, that is place aside its subjective aspects. The research was conducted in two locations, the head office and one of the branch offices using qualitative approach that relies on participant observation, in-depth interviews, and literature studies. The results of the research shows that the family business of PT. Hadji Kalla that has advanced into national level still prioritizes kinship, ethnicity, and religious aspects in the daily activities of the company. The value even take parts in providing the company’s colour to the urban societies in various districts where the company stands. This means that although the society has undergone transformations, it doesn’t mean that the primordial value, and the elements that exist outside of businesses (such as kinship, big men, religion, cultural values, and interest) do not influence the activities that are held in formal organizations. Therefore, the interventions of subjective aspects will always appear, followed with the application of the modern management system that is implemented by PT. Hadji Kalla company.

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