scholarly journals La comunicación como factor de éxito en la Empresa Familiar. Análisis de 40 testimonios del empresariado sobre aspectos clave de la gestión

2020 ◽  
Vol 10 (19) ◽  
pp. 49-70
Author(s):  
Enrique Armendariz
Keyword(s):  
Family Business ◽  
Business Leaders ◽  
Point Of View ◽  
Success Factor ◽  
Communication Management ◽  
Leading Role ◽  
The Family ◽  
Modern Business ◽  
Set Up ◽  
Object Of Study

The Family Business, as a phenomenon that explains the economic dynamism of the countries, has been studied from several points of view, standing out among them the Succession, the Corporate Governance or the factors that condition its Competitiveness. On the other hand, there are fewer specific studies about organization´s vision relating Communication Management and its impact on the achievement of success. The study aims to determine whether the concept of communication is considered by family entrepreneurs as a key success factor within their general vision of management and strategy. And subject to it, it tries to unravel the vision that businessmen and businesswomen have in the field of Communication from the terms related to this matter that they use most in their testimonies. Likewise, the work proceeds to characterize the different roles that these business leaders confer on Communication from the instrumental point of view, as a tool that contributes to solving specific aspects of management. The research is based on a review of the literature generated by scholars in the field of Intangible Resources and Business Reputation. It´s also focused on the analysis referred to the phenomenon known as the Family Business. From this theoretical framework, the object of study is based on the stories or testimonies of the forty businessmen collected over almost 800 pages in the two volumes that set up the work of KPMG entitled Those who leave their mark. The content and speech analysis techniques are used for their study. The work confirms the importance of Communication in the transmission of the values that guide the activity of companies and make a difference with respect to their key competitors; hence, the intangibles that contribute to the configuration of business reputation. Likewise, based on the businessmen's own testimonies, the instrumental functions that businessmen confer on Communication for the achievement of their corporate and business objectives are identified. As highlight in the study, the management of business intangibles is one of the latest and most important innovations in modern business management, and its leading role is the result of the evolution of strategic management towards new value niches within companies and its Communication´s development. Besides, in recent years, Communication has shifted its focus from the product to the brand, image and reputation of the companies. Furthermore, within the resources included in the category of intangibles, reputation has become the real territory in which companies compete to win the favour of their clients and consolidate their position in the markets. This relevance acquired by reputation has led some authors to speak of the “reputation economy” to refer to the new economic and social paradigm in which we find ourselves.

scholarly journals Efforts to Prevent the Conflict in the Succession of the Family Business Using the Strategic Collaboration Model

2017 ◽  
Vol 5 (2) ◽  
pp. 49
Author(s):  
Efrijal Adil ◽  
Muhammad Dharma Tuah Putra Nasution ◽  
Samrin Samrin ◽  
Yossie Rossanty
Keyword(s):  
Family Business ◽  
Sampling Technique ◽  
Business Leaders ◽  
Output Stage ◽  
Collaboration Model ◽  
The Family ◽  
New Business ◽  
The Difference ◽  
Potential Successor ◽  
Selection Of

The issue of succession is important news if there is a generation that involved more than one man. Of course, the possibility of dispute occurs as a result of the difference in the perspective of the successor generation when running the business. The proposed research aims to demonstrate how the process of succession in the family business with Strategic Collaboration Models (SCM). This research includes descriptive qualitative research. The data will be collected with the interview and selection of informants using the purposive sampling technique. In this proposed research, the informants are the founder generation that including family business leaders and potential successor. The result of this research is expected to explain the process of succession through strategic collaboration model. Three phases need to be addressed when the process of succession already from input, process, and output. The input stage is more advancing in training, guidance and direction program for the successor generation. In the process, stages explain how the founder generation can identify the interest and talents of the successor generation. This case is aimed to know whether the business existence related to interest and talent for the successor generations. In output stage will explain how the founder generation and the successor ability to calculate about how much financing required to build a new business. In the family business allows a conflict, so it necessary anticipates with how about the existence of an agreement can separate the business from the founder generation with the business from the successor.

Retiring From the Family Business

2011 ◽  
Vol 24 (4) ◽  
pp. 292-304 ◽  
Author(s):  
Marylène Gagnè ◽  
Carsten Wrosch ◽  
Stephanie Brun de Pontet
Keyword(s):  
Family Business ◽  
Planning Process ◽  
Retirement Planning ◽  
Business Leaders ◽  
Retirement Age ◽  
Psychological Variables ◽  
Retirement Expectations ◽  
Goal Adjustment ◽  
The Family ◽  
Goal Disengagement

A longitudinal study of family business leaders nearing retirement age examined the effects of goal adjustment capacities (disengagement and reengagement) on retirement planning. Goal disengagement predicted taking concrete steps to prepare retirement, whereas goal reengagement was related to having positive retirement expectations. Family business leaders with high goal reengagement capacities who trusted their successor’s abilities set an earlier retirement date than others. Leaders with poor goal disengagement capacities who did not trust their successor were unable to improve their retirement expectations over time. This study shows the importance of psychological variables in the retirement planning process of family business leaders.

Data Analytics

2020 ◽  
pp. 344-361
Author(s):  
Manuel Alejandro Morales-Serazzi ◽  
Oscar González-Benito ◽  
Mercedes Martos-Partal
Keyword(s):  
Decision Making ◽  
Family Business ◽  
Data Analytics ◽  
Family Firms ◽  
Quality Information ◽  
Success Factor ◽  
Key Factors ◽  
Business Growth ◽  
The Family ◽  
The World

The growing proliferation of data in firms around the world have made analytics a success factor for business growth, and by default, achieving greater performance. This research proposes a data analytics model for marketing decision making. Literature was reviewed, and several key factors for the growth of the family business were identified. In addition, 140 marketing managers from family and non-family firms in Spain were surveyed. Four key factors were identified to implement a data analytics project. An empirical model is presented, which allows visualizing the relationships that generate quality information. Data analytics is a competitive advantage for recognized firms in the world; however, there is an underutilization of information by the family business. This chapter allows reducing the gap between competitors, regardless of their ownership structure. Therefore, it declares a challenge and an opportunity for the family firm.

Family Violence “Social fact Legal Responsibility”

1976 ◽  
Vol 1 (2) ◽  
pp. 27-34 ◽  
Author(s):  
Frank Bates
Keyword(s):  
Family Violence ◽  
Point Of View ◽  
Legal Responsibility ◽  
Social Fact ◽  
The Family ◽  
Set Up ◽  
First Time

On Wednesday February 25th 1976, a Joint Committee of both Houses of the English Parliament was set up to consider the whole matter of intra-familial violence. This development is, it is suggested, of very considerable significance because it marks, really for the first time, an official awareness of the phenomenon of violence in the family. Clearly, certain aspects of the matter have received parliamentary attention, but this is the first time in jurisdictions analogous to Australia that a total overview of the matter has been attempted. Accordingly, it is the purpose of this article to consider the problem from an Australian point of view and to suggest policies which might adequately protect the victims of such violence.

One agricultural family's story

2014 ◽  
Vol 4 (3) ◽  
pp. 1-16
Author(s):  
Amber Gul Rashid ◽  
Sharmain Zain Haroon ◽  
Amna Nasir
Keyword(s):  
Family Business ◽  
Trigger Points ◽  
Subject Area ◽  
Transition Elements ◽  
Content Type ◽  
Agriculture Sector ◽  
Family Expectations ◽  
Small Business Management ◽  
The Family ◽  
Set Up

Subject area Entrepreneurship, agriculture, small business management and strategic planning. Study level/applicability This case is most relevant to undergraduates. Case overview This case is about Azad Ahmed who will soon graduate from his business school. He has the option of either landing in a high-paying job or joining his family business. Azad has the task of thinking for his family's future and turning the family business around. The case gives information on the condition of the agriculture sector in Pakistan, issues that the sector is facing, its non-traditional alternatives and the bright future it holds for the farmers who want to enter into agribusiness to capture international markets. The case also talks about how ownership structure of a family farm changes as the family expands further and baton is passed on to the future generations. Expected learning outcomes The case should get the students to define the term “family business” and weigh the perks and risks of working in a family business; recognize the importance of agriculture and farming in the Pakistani context; evaluate the dynamics of family expectations with respect to collectivistic society; identify the ownership transition stages and transition elements such as trigger points; define the term “agriprenuers”; and set up a business plan for agribusiness. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.

scholarly journals Estrategias para una sucesión exitosa en la empresa familiar

2017 ◽  
Vol 4 (8) ◽  
Author(s):  
M. E. García
Keyword(s):  
Family Business ◽  
Point Of View ◽  
Business Manager ◽  
Business Managers ◽  
Open Communication ◽  
Compensation Management ◽  
The Family ◽  
Power Change ◽  
Business Family ◽  
Partial Retirement

Key words: Family business, family counsoul, partial retirement, succession in family businessAbstract. This study has the objective to propose a group of strategies to help the Family Business Manager to solve the succession problems; by using these strategies the family business can conquer a transition power that creates the most wealth posible to the business and to the familiy. This study is presented as a descrptive research, with basis on the most recently research about succession problems on family business. The Familiy Business Managers who want that business still belongs to familiy have the obligation of developing asuccession plan that allows the company continue being competitive when family business manager leaves the company. The strategies included in this study must be promoted by the Family Business Manager who must take care of leading the directive team to sucessuful power change. The strategies proposed in this study are: Creating a Family Business Conseil; Choosing the succesor from an analitical point of view; Get pschicologist support in the succesion period; To create a Business Society; Partial Retirement of Director; Anadequate compensation management; Open communication among all the members; and a provisional management.Palabras Claves: Consejo familiar, empresa familiar, retiro parcial, sucesión en la empresa familiarResumen. El objetivo del estudio es proponer un conjunto de estrategias para ayudar a los Directores de Empresas Familiares a solucionar los problemas relacionados con la sucesión. Mediante el uso de estas estrategias clave las empresas familiares pueden lograr una transición de poder que genere la mayor riqueza posible para el negocio y para la familia. El presente estudio se plantea como una investigación de carácter descriptiva, basada en las investigaciones mas recientes sobre la problemática de la sucesión en la empresa familiar.Los Directores de las Empresas Familiares que desean que el negocio siga perteneciendo a la familia tienen la obligación de desarrollar un plan de sucesión que permita a la organización seguir siendo competitiva cuando el Director abandone la empresa. Las estrategias presentadas en este estudio deben ser promovidas por el Director de la Empresa Familiar quien debe encargarse de dirigir a su equipo directivo rumbo al éxito en la transición  de poder. Las estrategias propuestas en este estudio son: La creación de un Consejo Familiar; la elección analítica del sucesor; solicitar asesoría psicológica durante el periodo de sucesión; la formación de una Sociedad de Negocio; el Retiro Parcial del Director; un manejo adecuado de las compensaciones; la implementación de una estructura de comunicación abierta y la planeación de una administración interina. 

The Soul of Family Business

2009 ◽  
Vol 22 (3) ◽  
pp. 254-258 ◽  
Author(s):  
Thomas M. Hubler
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Family Business ◽  
Family Values ◽  
Point Of View ◽  
Communication Framework ◽  
Family Social Capital ◽  
The Family

This is a supplement to the paper “The Family Point of View, Family Social Capital, and Firm Performance: An Exploratory Test.” The paper explores, from a practitioner’s perspective the emergence of the family point of view and defines the soul of family business. The paper also explores how a family can nurture dialog so as to create the expression of family values which may be achieved through creation of a Common Family Vision, commitment to building the emotional equity of the family, and a common communication framework that supports the discussion necessary for emergence of the family point of view.

Succession in Family Business: Sharing the Cognitive Map

Paradigm ◽  
2019 ◽  
Vol 23 (1) ◽  
pp. 53-69
Author(s):  
Roopa Nandi ◽  
Ganesh Singh ◽  
Parvaiz Talib
Keyword(s):  
Family Business ◽  
Design Thinking ◽  
Cognitive Map ◽  
Business Leaders ◽  
Strength Based ◽  
The Family ◽  
Succession Process ◽  
Phase Out ◽  
Succession In Family Business ◽  
Family Leader

Succession is the ultimate test of success reflected as sustainability in business, when managing business changes hands from a family leader to a non-family leader. This means when a family business is owned by the family but managed by a non-family member. This article explores the possibility of approaching succession process using design thinking—an approach based on appreciative inquiry. By identifying the various dimensions in which succession in family business takes place, this article introduces to business leaders a strength-based approach for creating an imagined future, that is satisfactory and acceptable after the incumbent phase out and successor phase in take place. The article emphasizes on creating of a singular image—a shared cognitive map for succession. When business leaders wilfully design a singular image, they have shared cognitive map that facilitates succession. The article provides guiding questions for design thinking in succession in family business.

Risk aversion in the family business: the dark side of caution

2014 ◽  
Vol 35 (5) ◽  
pp. 38-42 ◽  
Author(s):  
Martin R.W. Hiebl
Keyword(s):  
Risk Aversion ◽  
Family Business ◽  
Risk Taking ◽  
Family Firms ◽  
Family Businesses ◽  
Business Leaders ◽  
Dark Side ◽  
Content Type ◽  
The Family ◽  
Practical Implications

Purpose – This paper aims to shed light on the potential downsides of risk aversion in family firms. Moreover, it seeks to provide measures on how to balance risk taking and risk aversion in family businesses. Design/methodology/approach – The article first presents four “dark sides” of risk aversion in family businesses and then describes three groups of measures to balance risk aversion and risk taking. Both the dark sides as well as the measures to balance risk aversion and risk taking are derived from recent scientific research. Findings – Family businesses may decrease risk aversion and foster risk taking and innovativeness by creating transparency on their risk profiles and including outside knowledge in the form of non-family managers, directors or shareholders. Moreover, properly educating and integrating younger family generations might also alleviate an overly high focus on short-term risk aversion. Practical implications – Family business leaders might find the approach and findings presented in this paper helpful for securing the longer-term survivability of their firms and for improving innovativeness. Originality/value – This article is among the first to deal with the dark sides of risk aversion in family businesses, which might endanger their longer-term survivability.

scholarly journals O potrzebie zmian w polskim prawie rozwodowym

2016 ◽  
pp. 99-127
Author(s):  
Marek Andrzejewski
Keyword(s):  
Social Sciences ◽  
Local Communities ◽  
Point Of View ◽  
Family Court ◽  
Marriage And Family ◽  
Critical Situation ◽  
Special Groups ◽  
The Family ◽  
Dominant Tendency ◽  
Set Up

The author discusses an always relevant problem of the model of the procedure for dissolving marriage. The problem is analyzed from the point of view not only of law, but also social sciences, primarily, psychology. He observes a presence of a dominant tendency nowadays to deemphasize the meaning of marriage and family, and to succumb to crisis and file for a divorce for banal reasons. The so called pro-divorce mentality translates into a tendency observed among judges to favour divorce. On the other hand, the author assesses the legal acts referring to divorce cases as reasonable, i.e. neither favoring nor facilitating divorce. Therefore, a need is emphasized to change the approach to the family in a critical situation. He suggests that in a family court instead of settling family legal problems an attempt should be made to solve them. To this effect, in local communities, special groups comprising psychologists, pedagogues, lawyers, social workers and other specialists should be set up. The ultimate goal for the groups would be to try to reconcile the spouses, to help them solve their family problems, including assistance in dealing with all divorce procedures. People dissatisfied with the proposal suggested by such a group might have a right to file a case in court. In court the proceedings should be held in compliance not with the so far applied adversarial principle but with the conciliatory principle.

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