Adaptation Or Expiration in Family Firms

Adaptation Or Expiration in Family Firms
Author: Andrés Hatum
Publisher: Edward Elgar Publishing
Total Pages: 254
Release: 2007-01-01
Genre: Business & Economics
ISBN: 9781847205421

The author explores determinants of organisational flexibility in this examination of four family-owned companies, two flexible and two less flexible, from the edible oil and pharmaceutical industries. By means of an innovative analysis - including longitudinal analysis, coding analysis, statistical analysis and the use of original display charts - he illustrates the determinants of organisational flexibility and sheds light on the process of transformation and adaptation of family firms, an area that has not yet been the subject of extensive empirical inquiry. The management literature has claimed that the complexity of business contexts has forced firms to confront hypercompetitive or high-velocity environments. Behind such claims lies a new interest in the dynamics of adaptation, and in particular a firm¿s flexibility as a way of adjusting under conditions of uncertainty. The businesses studied here have had to contend with the environmental volatility that characterized Argentina for some years. The author identifies five determinants of flexibility as a set of organisational and managerial capabilities that enabled some firms to adapt quickly in a highly competitive environment: heterogeneity of the dominant coalition, centralisation and formalisation of decision-making, low macroculture embeddedness, environmental scanning, and a strong organisational identity. These findings were analyzed and interpreted by developing theoretical ideas from three areas between which historically there has been no interface: organisational flexibility, organisational innovativeness and institutional embeddedness. This insightful examination into what enables some family-owned businesses to survive and thrive and causes others to fail will be of interest to academics concerned with business flexibility and adaptation, as well as to managers and owners of family businesses.

Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business

Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
Author: Saiz-Álvarez, José Manuel
Publisher: IGI Global
Total Pages: 591
Release: 2019-04-15
Genre: Business & Economics
ISBN: 1522580131

This reference book is an IGI Global Core Reference for 2019 as it provides trending research on family businesses. With the recent boom in entrepreneurship and the maker market, this publication will provide the timeliest research outlining how family businesses can enhance their business practices to ensure sustainability. The Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business is a collection of innovative research on business and leadership strategies that can be applied to family firms in order to boost efficiency, competitiveness, and optimal use of resource allocation to compete internationally. While highlighting topics including global leadership, knowledge creation, and market performance, this book is ideally designed for business managers, management professionals, executives, researchers, academicians, and students seeking current research on the entrepreneurship role of family businesses in the modern economic age.

The SAGE Handbook of Family Business

The SAGE Handbook of Family Business
Author: Leif Melin
Publisher: SAGE
Total Pages: 697
Release: 2013-11-15
Genre: Business & Economics
ISBN: 1446265935

The SAGE Handbook of Family Business captures the conceptual map and state-of-the-art thinking on family business - an area experiencing rapid global growth in research and education since the last three decades. Edited by the leading figures in family business studies, with contributions and editorial board support from the most prominent scholars in the field, this Handbook reflects on the development and current status of family enterprise research in terms of applied theories, methods, topics investigated, and perspectives on the field′s future. The SAGE Handbook of Family Business is divided into following six sections, allowing for ease of navigation while gaining a multi-dimensional perspective and understanding of the field. Part I: Theoretical perspectives in family business studies Part II: Major issues in family business studies Part III: Entrepreneurial and managerial aspects in family business studies Part IV: Behavioral and organizational aspects in family business studies Part V: Methods in use in family business studies Part VI: The future of the field of family business studies By including critical reflections and presenting possible alternative perspectives and theories, this Handbook contributes to the framing of future research on family enterprises around the world. It is an invaluable resource for current and future scholars interested in understanding the unique dynamics of family enterprises under the rubric of entrepreneurship, strategic management, organization theory, accounting, marketing or other related areas.

The Endurance of Family Businesses

The Endurance of Family Businesses
Author: Paloma Fernandez Perez
Publisher: Cambridge University Press
Total Pages: 307
Release: 2013-09-30
Genre: Business & Economics
ISBN: 1107292603

The Endurance of Family Businesses is a collection of essays offering an overview of the importance and resilience of family-controlled large businesses. Much of economic and business history research neglects family businesses, considering them an inefficient form of business organization. These essays discuss the strengths of family businesses: the ways family firms have managed, financed and governed their corporations, as well as the way in which they structure their relationship with the external environment, from the government to the company's stakeholders. Family businesses have learned new ways of organizing their resources and using their accumulated know-how for new markets and institutional environments. This volume combines the expertise of well-known scholars who specialize in business history, economic history, management and consulting, to provide an interdisciplinary perspective on family businesses. Contributors provide a global view by taking into account Asian, American and European experiences.

Entrepreneurs in Every Generation

Entrepreneurs in Every Generation
Author: Allan Cohen
Publisher: Berrett-Koehler Publishers
Total Pages: 257
Release: 2016-06-06
Genre: Business & Economics
ISBN: 1626561672

Discover What Makes Family Businesses Beat the Odds and Thrive over Generations Families are complicated; family businesses even more so. Like other companies, family-run enterprises must develop leadership and entrepreneurial skills. But they must also manage family dynamics that rarely mirror the best practices in the latest Harvard Business Review. Allan Cohen and Pramodita Sharma, scholars with deep professional and personal roots in family businesses, show how enterprising families can transmit the hunger for excellence across generations. Using examples of firms that flourished and those that failed, they describe the practices that characterize entrepreneurial individuals, families, and organizations and offer pragmatic advice that can be tailored to your unique situation.

Can Latin American Firms Compete?

Can Latin American Firms Compete?
Author: Robert Grosse
Publisher: OUP Oxford
Total Pages: 438
Release: 2007-10-04
Genre: Business & Economics
ISBN: 0191607940

In many discussions of globalization and growth, attention focuses on Asia, notably China, South Korea, and India. In contrast, 'Can Latin American Firms Compete?' looks at business developments in another key emerging market region, Latin America. It examines the success and failure that Latin American firms have met with, in their own markets and elsewhere in the world, the reasons behind these outcomes, and these firms' future prospects. Including contributions from leading international experts on business in Latin America, the book draws on concepts from organization theory, industrial organization, economics, marketing, sociology, and political science. It includes sections on broad themes of competitiveness in Latin America, micro-level strategies of firms in specific sectors, the competitiveness of firms in specific countries, and competing in emerging markets. Cases examined range in size and sector, and include some of the largest firms in Latin America, such as as Embraer in Brazil, Quiñenco (Luksic) in Chile, Techint in Argentina, Grupo Carso in Mexico, Cisneros in Venezuela, and Grupo Empresarial Antioqueño in Colombia. This well-informed book will be essential reading for academics, policy-makers, and those with a serious interest in business development in Latin America.

Mastering Creativity in Organizations

Mastering Creativity in Organizations
Author: Andrés Hatum
Publisher: Edward Elgar Publishing
Total Pages: 179
Release: 2017-10-27
Genre: Business & Economics
ISBN: 1788110153

This book identifies best practices, leadership styles, and organizational structures for the stimulation of organizational creativity, with an aim to help any company – not just companies in creative fields or industries – become an organization in which new ideas flow, new processes are developed, and new products are brought to market. Managers will find case studies describing exceptional organizational creativity and practical takeaways that can be applied in their own firms. Students will find concrete analytical frameworks for thinking about creativity in organizations, and academics will find a different approach to the study of creativity, one that is grounded in practice.

Next Generation Talent Management

Next Generation Talent Management
Author: A. Hatum
Publisher: Springer
Total Pages: 163
Release: 2016-01-18
Genre: Business & Economics
ISBN: 0230295096

In the past talent was largely an issue for Human Resources personnel. Now, in an era characterized by workforce heterogeneity and changing environments, talent is an important issue for managers themselves. This book explains the organizational transformations that have occurred and the new talent challenges managers have to confront.

Handbook of Research on Strategy and Foresight

Handbook of Research on Strategy and Foresight
Author: Laura Anna Costanzo
Publisher: Edward Elgar Publishing
Total Pages: 569
Release: 2009-03-31
Genre: Business & Economics
ISBN: 1848447272

This important Handbook explores and evaluates dynamic environments and the appropriate strategic responses to them in the 21st century. Drawing together a collection of 29 original chapters, the Handbook makes an invaluable contribution to theory and practice by stimulating disciplined, rigorous and imaginative enquiry into the relationship between strategy and foresight. Leading scholars in the field of strategic management are brought together to offer innovative and multi-disciplinary perspectives on the past, present and future of strategy formation and foresight. In so doing, they challenge research in four key areas: strategy and foresight processes; strategy innovation for the future; understanding the future; and strategically responding to the future. The Handbook of Research on Strategy and Foresight is a comprehensive resource that will be invaluable for academics, students and practitioners interested in this important phenomenon.

The New Workforce Challenge

The New Workforce Challenge
Author: A. Hatum
Publisher: Springer
Total Pages: 110
Release: 2013-03-27
Genre: Business & Economics
ISBN: 1137302992

Few books go into enough depth to really understand the differences between the future generations of professionals to come and the ones that have gone before. This innovative book examines how new generations of the workplace and workforce will be shaped in the future and shows organizations the ways in which they will have to adapt to succeed.