scholarly journals Internationalization Strategies of Family Business: A Case Study of Saruhan Co.

2016 ◽  
Vol 5 (5) ◽  
pp. 19-33
Author(s):  
Esin Can ◽  
Nihat Alayoğlu ◽  
Elif Alayoglu
Keyword(s):  
Family Business ◽  
Current Situation ◽  
Family Businesses ◽  
Internationalization Process ◽  
Secondary Resources ◽  
Face To Face ◽  
Global Brand ◽  
Turkish Family ◽  
Internationalization Strategies

The aim of this study is to reveal causes and grounds which drive family businesses into internationalization process and divulge implemented strategies benefiting from the literature through a case study. In this context, “Saruhan Cooperation” which is a globally operating Turkish family business has been examined as a case study by means of primary and secondary resources. In the case study, besides presenting the current situation of Saruhan Coop., the reasons triggered internationalization process, works done for this purpose, goals of the firm, and implemented strategies in this milieu and circumstances have been tried to be defined by using a series of structured face-to-face interviews. Moreover, our findings display a process that a locally operating family business ends up in a situation to buy a firm which operates internationally under a global brand. Although it is conducted with one business; the study is important as being a pioneer analysis and contributes to the literature well; also, it is valuable because it provides a model for those who are planning to operate internationally. The research opens a door to further researches as well.

Family succession, professionalization and internationalization: a study of Brazilian family businesses

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Augusto Dalmoro Costa ◽  
Aurora Carneiro Zen ◽  
Everson dos Santos Spindler
Keyword(s):  
Family Business ◽  
Family Members ◽  
Secondary Data ◽  
Family Businesses ◽  
Three Dimensions ◽  
Content Type ◽  
The Family ◽  
Two Generations ◽  
Internationalization Strategies ◽  
The Relationship

PurposeThe purpose of this paper is to investigate the relationship between family succession, professionalization and internationalization in family businesses within the Brazilian context.Design/methodology/approachThe paper presents a multiple-case study method with three Brazilian family businesses that have at least two generations of the owning family involved in the business and an international presence of at least three years. In-depth interviews and secondary data were undertaken with family and non-family members of each case.FindingsThe authors' results show that a family business can boost its internationalization by introducing both succession planning and professionalization on international activities. As family members tend to be more risk-averse and focused on keeping the family business within the family, professionalization is a way of improving the firm's ability to expand internationally. This process tends to lead to lower performance by the firm for the first few months or the first year after the investment, but afterward, international performance tends to grow exponentially.Originality/valueOnly a few studies have been concerned on the relationship of these three dimensions. Thus, the research takes into account that professionalization and succession lead family businesses to improve their internationalization strategies.

scholarly journals A business transformation model to enhance the sustainability of small-sized family businesses

2021 ◽  
Vol 19 (1) ◽  
pp. 185-197
Author(s):  
Anita Wijayanti ◽  
Massila Kamalrudin ◽  
Safiah Sidek ◽  
Kartika Hendra Titisari
Keyword(s):  
Family Business ◽  
Environmental Changes ◽  
Transformation Process ◽  
Family Businesses ◽  
Transformation Model ◽  
Business Transformation ◽  
Doing Business ◽  
Different Types ◽  
Observation Period

Business transformation is essential to making the small-sized family business more sustainable. Technological and environmental changes have radically transformed the way of doing business. Business transformation into digital business is the key to success in these conditions. On the other hand, some of the previous studies of business transformation in several countries and industries show different empirical evidence. This study analyzes the transformation process in a small-sized family business. This is a case study of 15 small-sized family businesses with four different types of industry, with an interview and observation period of 12 months in 2019–2020. This study has formulated a business transformation model for a small-sized family business and presented the results of the transformation process carried out. The research results indicate that a business transformation model consists of several attributes and sub-attributes. Business transformation results indicate different processes and times between companies. In general, the transformation process can be grouped into the exploration, learning, and synchronizing stages. The industry with the fastest transformation process is the hospitality industry, while the manufacturing process for the industry takes a bit longer. The results of this study indicate that business transformation has improved the sustainability of a small-sized family business that is characterized by its ability to adapt to changing technology and environmental conditions.

Natura Siberica: Challenging Entry in OrganicCosmetics Business

2019 ◽  
Vol 2 (2) ◽  
pp. 163-177
Author(s):  
Jashim Uddin Ahmed ◽  
Hafiza Sultana ◽  
Asma Ahmed ◽  
Ritu Chhikara
Keyword(s):  
New Product ◽  
Special Focus ◽  
Sustainable Business ◽  
Product Lines ◽  
Global Brand ◽  
Foreign Countries ◽  
The Usa ◽  
Internationalization Strategies ◽  
Certified Organic

The case study analyzes the organic cosmetics and toiletries industry, along with its major players, and opportunities and challenges, with special focus on Natura Siberica. To investigate how the brand has been successful at home and abroad, the study also analyzes its marketing mix and internationalization strategies. Natura Siberica is not only natural and herb-based cosmetics but also the first Russian certified organic cosmetics. It uses Siberian herbs and plants in production, with the objective to offer youth and beauty to consumers’ skin and hair. The organization has 70 brand stores in Russia and six foreign countries, while its products are available in more than 40 countries. With the predicted growth of the global organic cosmetics market, the brand has significant opportunities to expand into new product lines and geographic markets in future. In addition, it needs to promote its sustainable business model to the customers. On the other hand, the organization needs to confront the competitive pressure from existing players and potential new entrants offering organic beauty products. It also needs to emphasize its image as a global brand instead of the Russian origin in order to successfully enter in markets like the USA.

Resolving Family Business Disputes Through Mediation

1997 ◽  
Vol 10 (2) ◽  
pp. 115-134 ◽  
Author(s):  
John M. Haynes ◽  
Thomas M. Usdin ◽  
Ann Lee Begler ◽  
Kenneth Kaye ◽  
Florence Kaslow
Keyword(s):  
Family Business ◽  
Family Businesses ◽  
Advantages And Disadvantages

This first section is a collaborative piece that introduces a new format for Family Business Review. The first article discusses how mediation could be utilized in family-business disputes and includes a brief case study. The second set of articles is composed of invited commentary from three practitioners: an attorneyqmediator, a conflict specialist, and a psychologistqmediator. Then the authors provide a brief response to the commentary. The intent of this piece is to both educate and discuss the advantages and disadvantages of how mediation could effectively be used by family businesses to resolve conflict. We hope you enjoy the debate that ensues.

scholarly journals Kama Group Limited

Economics ◽  
2015 ◽  
pp. 806-824
Author(s):  
Lydia Andoh-Quainoo
Keyword(s):  
Family Business ◽  
Quantitative Methods ◽  
Family Businesses ◽  
Personal Attributes ◽  
African Continent ◽  
Qualitative And Quantitative Methods ◽  
Personal Motivation ◽  
Business Cases ◽  
African Context

Family businesses and entrepreneurship research has grown but with few studies in Africa. This case study fills that gap in the research on entrepreneurship and family business cases in the African continent. The case is explored to assess the motivation and challenges influencing entrepreneurial startup businesses and founders of family businesses. Using both qualitative and quantitative methods for data collection, the research confirms some differences and similarities in the motivational factors and challenges associated with starting a business in an African context, specifically Ghanaian. This entrepreneur's family business encountered a number of challenges in its startup. However, due to strong mental attributes such as personal motivation, persistence, commitment, and hard work, he has overcome these challenges and grown the business successfully. Although environmental challenges may be greater in an emerging economy such as Ghana, personal attributes can play a key role in building and sustaining a successful family business.

Competitive strategy of family businesses through CSV - case study of a family business in Mie Prefecture, Japan

2018 ◽  
Vol 12 (2) ◽  
pp. 226 ◽  
Author(s):  
Keiko Nishioka ◽  
Kiminori Gemba ◽  
Keisuke Uenishi ◽  
Atsuko Kaga
Keyword(s):  
Family Business ◽  
Competitive Strategy ◽  
Family Businesses

scholarly journals Development model for family business successions evaluation with a South African Case Study

2013 ◽  
Vol 6 (1) ◽  
pp. 134
Author(s):  
Fidelis Emuze ◽  
Chris Adendorf ◽  
Graham Ward
Keyword(s):  
South African ◽  
Family Business ◽  
Succession Planning ◽  
Small Businesses ◽  
Qualitative Data ◽  
Family Businesses ◽  
Development Model ◽  
Succession Process ◽  
Successful Business

<p>Family businesses (FB) contribute between 45 and 90% to global gross domestic product (GDP). However, empirical research has raised the alarm pertaining to the need to prolong the longevity of such businesses. Findings indicate that within the next 5 years, over 50% of FB executives could retire from day to day running of such businesses. This highlights the significance of successful business successions. The dynamics around the succession process and the criteria influencing successful successions have thus engaged the attention of researchers. Therefore, the purpose of this study was to better understand the development of successors in FB. The study began with a literature survey through which a development model was identified. The study then went on to evaluate the model through an FB case study. The single qualitative case study was used to test whether the six (6) prepositions proposed in the model applied to the case that was studied. Through one-on one interviews and a qualitative data analysis, it was observed that the 6 prepositions were applicable to the FB. In other words, FB grappling with succession planning can be advised to endeavour to understand and take actions aligned with the prepositions.</p><strong>Keywords:</strong> Family businesses, Small businesses, Shareholders, Succession

Women in Turkish family businesses: Drivers, contributions and challenges

2011 ◽  
Vol 11 (2) ◽  
pp. 203-219 ◽  
Author(s):  
M. Karataş-Özkan ◽  
A. Erdoğan ◽  
K. Nicolopoulou
Keyword(s):  
Family Business ◽  
Family Businesses ◽  
Cultural Dynamics ◽  
Turkish Women ◽  
Structured Interviews ◽  
Active Involvement ◽  
Turkish Family ◽  
Key Drivers ◽  
Empirical Material

The number and importance of women in family businesses have increased in the recent years. This is reflected in the growing academic and practitioner interest in the topic. In this paper, we have explored the role of women in family business in the context of Turkey by examining the key drivers for their active involvement, their contribution and the challenges they face. The conceptual framework of the article presents key drivers and challenges identified in the extant literature and introduces additional angles on the problematisation of the topic, mainly issues of succession, conflict and balance of work-life relationships. Drawing on empirical material collected through semi-structured interviews with participant Turkish women, we have highlighted importance of cultural dynamics in analysing drivers, contributions and challenges.

Kama Group Limited

2015 ◽  
pp. 150-169
Author(s):  
Lydia Andoh-Quainoo
Keyword(s):  
Family Business ◽  
Quantitative Methods ◽  
Family Businesses ◽  
Personal Attributes ◽  
African Continent ◽  
Qualitative And Quantitative Methods ◽  
Personal Motivation ◽  
Business Cases ◽  
African Context

Family businesses and entrepreneurship research has grown but with few studies in Africa. This case study fills that gap in the research on entrepreneurship and family business cases in the African continent. The case is explored to assess the motivation and challenges influencing entrepreneurial startup businesses and founders of family businesses. Using both qualitative and quantitative methods for data collection, the research confirms some differences and similarities in the motivational factors and challenges associated with starting a business in an African context, specifically Ghanaian. This entrepreneur's family business encountered a number of challenges in its startup. However, due to strong mental attributes such as personal motivation, persistence, commitment, and hard work, he has overcome these challenges and grown the business successfully. Although environmental challenges may be greater in an emerging economy such as Ghana, personal attributes can play a key role in building and sustaining a successful family business.

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