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.

scholarly journals International business transformation patteerns of czech enterprises since the velvet revolution and the velvet divorce

1999 ◽  
Vol 8 (2) ◽  
Author(s):  
James D. Goodnow
Keyword(s):  
United States ◽  
International Business ◽  
The United States ◽  
Transformation Process ◽  
Business Activity ◽  
The Czech Republic ◽  
Business Transformation ◽  
Velvet Revolution ◽  
World Class

From a macroeconomic standpoint, the Czech Republic has been viewed as a leading example of successful transformation from a state owned to a privatized economy. Yet at the firm and industry levels, the transformation process is still in its early stages. This article focuses on the transformation of outbound international business activities of the country and offers statistical and case study evidence to support four propositions describing the transformation process to date. First, most Czech international business activity is oriented toward its European neighbors. Second, globalization is beginning in a few selected firm and industries. Third, the reliance on low price rather than other international marketing advantages limits the development of world class images of Czech export commodities. Fourth, beginning globalization efforts of Czech firms focus on emerging markets of Asia, South America and Africa and to a lesser extent on the United States but largely exclude Japan.

Das Chamäleon-Modell als Erklärungsmuster für die Organisationsstrukturen von Unternehmerfamilien

2019 ◽  
Vol 67 (1) ◽  
pp. 1-34 ◽  
Author(s):  
Rena Haftlmeier-Seiffert ◽  
Sven Cravotta
Keyword(s):  
Decision Making ◽  
Family Business ◽  
Research Question ◽  
Multiple Case Study ◽  
Economic Stability ◽  
Family Organization ◽  
The Family ◽  
Different Types ◽  
Multiple Case

Zusammenfassung Offensichtlich sind es die Unternehmerfamilien, die ihrem Familienunternehmen eine besondere wirtschaftliche Stabilität verleihen. Dies ist allerdings nur möglich, wenn sie sicherstellen, dass sie stets handlungs- und entscheidungsfähig sind. Die hier verfolgte Forschungsfrage lautet deshalb: Wie organisieren Unternehmerfamilien ihre Entscheidungsfähigkeit? Das Chamäleon-Modell zeigt, dass bei Unternehmerfamilien verschiedene Organisationsformen latent vorhanden sind. Diese werden flexibel eingesetzt, je nachdem, was zielführend ist, um schnell zu tragfähigen Entscheidungen zu gelangen. D.h. die Unternehmerfamilienorganisation wechselt also ihre explizite Organisationsform wie ein Chamäleon die Farbe. Das Chamäleon-Modell wurde aus einer multiplen Fallstudie entwickelt, bei der vier traditionsreiche Unternehmerfamilien intensiv untersucht wurden. Abstract Apparently, it is the family that grants outstanding economic stability to the family business. However, this is only possible, if the family ensures to be always capable of acting and of making decisions. This leads us to the following research question: How do entrepreneurial families organize their decision-making ability? The Chameleon Model shows, that there are different types of organization latent available for entrepreneurial families. These are used flexibly, depending on what is leading to quick and stable decisions. That is to say, the entrepreneurial family organization changes the explicit organization form like a chameleon the colour. The Chameleon Model was developed from a multiple case study, analyzing four traditional entrepreneurial families in depth.

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 Over the Weberian Wall: Chinese Family Businesses in Singapore

2008 ◽  
Vol 25 ◽  
pp. 99-125
Author(s):  
Barry Wilkinson ◽  
Siew Tong Fock
Keyword(s):  
Case Studies ◽  
Family Business ◽  
Chinese Culture ◽  
Family Businesses ◽  
Business Leaders ◽  
Chinese Family ◽  
Cultural Environment ◽  
Overseas Chinese ◽  
Doing Business

Abstract Overseas Chinese businesses have been characterized as possessing unique cultural attributes or being embedded in specific institutional environments that constrict their growth and lead to them taking on limited economic roles. Familism, particularism, nepotism and the lack of state support (among other cultural and institutional features) it is argued, stand in the way of the emergence of large, successful and enduring firms, and problems of inter-generation transition frequently lead to their demise. This paper argues that such a fatalistic prognosis is misplaced, and uses case studies of successful Chinese family businesses in Singapore to demonstrate how business leaders, as agents, can incorporate, defy, or re-combine elements from the socio-cultural environment in ways that enable continuity and growth. Additionally, this paper highlights the role of a proactive state at play in promoting a specific Chinese mode of doing business based on notions of so-called Confucian capitalism, which despite its culturalist associations, is based on capitalist practices. Keywords: Chinese family business, inter-generation transition, Chinese culture, entrepreneurial agency.

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.

Overcoming the Paternalistic Firm – Codetermined Family Businesses: A Paradox? Comparing Cases from Sweden and Germany

2020 ◽  
Vol 31 (4) ◽  
pp. 420-443
Author(s):  
Börje Boers
Keyword(s):  
Family Firms ◽  
Family Businesses ◽  
Comparative Case Study ◽  
Interpretive Case Study ◽  
The Family ◽  
Different Types ◽  
The Board Of Directors ◽  
Works Council

The purpose of this comparative case study is to understand codetermination in two family firms. Thereby, this study aims at exploring the role of employee-representatives in two non-listed family businesses. Empirically, this study draws on an interpretive case study of two family businesses. Its findings extend earlier research, by exploring and introducing the phenomenon of codetermination in the family business literature. Codetermination is explored with the perspective of paternalism as analytical lens. Theoretically, the study draws on the control-collaboration paradox which helps understanding the phenomenon of codetermination. The study reveals different types of codetermination, i.e., the works council and the board of directors. The implications of these types are highlighted and discussed. Findings highlight the need for professional governance structures in order to facilitate cooperation between family owners, the management, and employee representatives. Professional governance allows handling the paternalistic ideological underpinnings which can otherwise prevent continued firm success, leading to unsolved conflicts.

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

ENTREPRENEURIAL LEADERS IN FAMILY BUSINESS ORGANISATIONS

2004 ◽  
Vol 12 (01) ◽  
pp. 1-34 ◽  
Author(s):  
SEOW WAH SHEH
Keyword(s):  
Family Business ◽  
Large Scale ◽  
Transformation Process ◽  
Transformational Leader ◽  
Case Study Approach ◽  
Chief Executives ◽  
Qualitative And Quantitative ◽  
Study Approach ◽  
Primary Instrument

This research reports the findings of an empirical study into the behavioural attributes of the Chinese transformational leader in Singapore. The literature review reveals that the current research on transformational leadership only focuses on Western organisations. This research design used both qualitative and quantitative approaches. The qualitative research used the case study strategy as a primary instrument. This case study approach was to search for new themes and patterns across eight Chinese Chief Executives of medium to large-scale business enterprises. In the quantitative part of the research, the subordinates of the selected leader were identified to participate in the questionnaire survey – to rate their leaders' based on the presence and intensity of practice of the identified behavioural attributes. The six factors rotated uncovered a common list of behavioural attributes of the Chinese transformational leader that will facilitate the transformation process. Implications of the findings are discussed.

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