Using qualitative interviews to understand the mindset of family business leaders in succession, this study proposes that attitude toward conflict is an important decision making element. A collective case studies uncover how attitude toward conflict predicts decision making during succession and influence optimism on the future of the firms. Findings of the study suggest that predecessors who welcome conflicts as a part of family firms take a more relaxed attitude toward succession, with a wider talent pool. This group are also more egalitarian in strategic decision making and optimistic toward the future of the firms. Predecessors who avoid conflict have smaller talent pool, making decisions to nominate few for the position. They is cautious, making decisions for the successors, and are pessimistic about the future of the firms. Contributions from this study are threefold. First, we introduce the use of attitude toward conflict to measure predecessors' behaviors during succession. Second, through identification of attitude toward conflict, we contribute to the literature by predicting predecessors' optimisms toward the future of the firms in the hands of the next generations. Third, this study contributes another dimension to reciprocal nepotism through discovery that family businesses upholding reciprocal nepotism behave differently.
{"title":"Predecessors’ Attitude toward Conflict Predictor of Family Business Sustainability","authors":"L. Salim, Mohd. Shariff, Darwina Arshad","doi":"10.33021/IJFBP.V1I1.625","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.625","url":null,"abstract":"Using qualitative interviews to understand the mindset of family business leaders in succession, this study proposes that attitude toward conflict is an important decision making element. A collective case studies uncover how attitude toward conflict predicts decision making during succession and influence optimism on the future of the firms. Findings of the study suggest that predecessors who welcome conflicts as a part of family firms take a more relaxed attitude toward succession, with a wider talent pool. This group are also more egalitarian in strategic decision making and optimistic toward the future of the firms. Predecessors who avoid conflict have smaller talent pool, making decisions to nominate few for the position. They is cautious, making decisions for the successors, and are pessimistic about the future of the firms. Contributions from this study are threefold. First, we introduce the use of attitude toward conflict to measure predecessors' behaviors during succession. Second, through identification of attitude toward conflict, we contribute to the literature by predicting predecessors' optimisms toward the future of the firms in the hands of the next generations. Third, this study contributes another dimension to reciprocal nepotism through discovery that family businesses upholding reciprocal nepotism behave differently.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127104333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purposes of this study are to explore in detail the tacit business knowledge transfer process and the effective transfer method from founder to successor in Vietnamese family businesses. This study, using separate interviews of paired founders and successors in five Vietnamese family businesses, aims to contribute to the general understanding of such processes in South East Asian family businesses. This study confirms that the tacit business knowledge transfer process is an on-going process until the founder is unable to continue due to physical or mental health preventing further communication. In addition, it indicates that the mentor-mentee method is the most common method for tacit knowledge transfer process. Storytelling is also a common process; unlike traditional Western SMEs, use of formal documentation tends to be far less prevalent as a way of transferring knowledge. The findings of this study show that not all of tacit business knowledge from the founder is important to the successor. Therefore, a successor needs time spent alone to contemplate each tacit business lesson, before determining whether to absorb it.
{"title":"Sharing tacit business knowledge between founder and successor in family business: case studies in Vietnam","authors":"T. Pham, Robin Bell, David Newton","doi":"10.33021/IJFBP.V1I1.630","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.630","url":null,"abstract":"The purposes of this study are to explore in detail the tacit business knowledge transfer process and the effective transfer method from founder to successor in Vietnamese family businesses. This study, using separate interviews of paired founders and successors in five Vietnamese family businesses, aims to contribute to the general understanding of such processes in South East Asian family businesses. This study confirms that the tacit business knowledge transfer process is an on-going process until the founder is unable to continue due to physical or mental health preventing further communication. In addition, it indicates that the mentor-mentee method is the most common method for tacit knowledge transfer process. Storytelling is also a common process; unlike traditional Western SMEs, use of formal documentation tends to be far less prevalent as a way of transferring knowledge. The findings of this study show that not all of tacit business knowledge from the founder is important to the successor. Therefore, a successor needs time spent alone to contemplate each tacit business lesson, before determining whether to absorb it. ","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115392034","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The main purpose of this case study is to examine the implementation and commercialization process of Simplified Financial and Recordkeeping (SiFAR) solution, a cloud-based cash flow management solution for micro and small businesses. Background of the company and entrepreneurial academics who initiated the idea and business, and the starting up process is described. The technology adoption life cycle model and the concept of crossing the chasms are used to describe the adoption rate of the solution. A pilot project was used to test the prototype and validate several features of the solution. The social scientists and entrepreneurs found a critical success factor for technology commercialization, which is managing risk. The most important factor in managing risk is to confirm demand for the solution and the willingness to pay. Hence, funds and capital need to be focused on managing risks in order for the entrepreneurial endeavor to be successful.
{"title":"Managing Risks in Academic Entrepreneurship: The Case of SiFAR","authors":"Mohar Yusof, Leilanie Mohd Nor","doi":"10.33021/IJFBP.V1I1.637","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.637","url":null,"abstract":"The main purpose of this case study is to examine the implementation and commercialization process of Simplified Financial and Recordkeeping (SiFAR) solution, a cloud-based cash flow management solution for micro and small businesses. Background of the company and entrepreneurial academics who initiated the idea and business, and the starting up process is described. The technology adoption life cycle model and the concept of crossing the chasms are used to describe the adoption rate of the solution. A pilot project was used to test the prototype and validate several features of the solution. The social scientists and entrepreneurs found a critical success factor for technology commercialization, which is managing risk. The most important factor in managing risk is to confirm demand for the solution and the willingness to pay. Hence, funds and capital need to be focused on managing risks in order for the entrepreneurial endeavor to be successful.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120989961","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. Chauhan, Alfonso Vargas-Sánchez, M. Moral-Moral
The present paper is based on a field research on the evolution of a saga of family entrepreneurs in Spain, with four generations involved. From the modest beginnings of a canned tomato factory, longer than a century ago, the case explains its transformation up to the current reality of being recognized as the largest blackberry European producer, named ‘Agrícola El Bosque’. Through the personal experience of its main characters, the case displays the very different stages through which this entrepreneurial family has traveled, especially the keys to the successful development of ‘Agrícola El Bosque’, including the last major project that has promoted, based on a process of cooperation with other berries producers in the area. This commercial alliance, branded as 'Plus Berries', leads us to reflect on the future of the growth model followed until now by this family business. On the foundations of this case, some lessons can be extracted and shed light on particular aspects of the scientific literature on family business management, as well as on how entrepreneurial spirit can be fed and flourish at the heat of the development and consolidation of a cluster of companies in an industry.
本论文是基于对西班牙家族企业家传奇的演变的实地研究，涉及四代人。从一个多世纪前一个不起眼的番茄罐头工厂开始，这个案例解释了它的转变，直到现在被公认为欧洲最大的黑莓生产商，名为“Agrícola El Bosque”。通过主要人物的个人经历，案例展示了这个创业家族走过的不同阶段，特别是“Agrícola El Bosque”成功发展的关键，包括最后一个主要项目，基于与该地区其他浆果生产商的合作过程。这个商业联盟，被称为“加莓”，引导我们反思这个家族企业迄今所遵循的增长模式的未来。在这个案例的基础上，我们可以提取出一些经验教训，并阐明有关家族企业管理的科学文献的某些方面，以及如何在一个行业中一批公司的发展和整合的高潮中培育和繁荣企业家精神。
{"title":"The Largest European Blackberry Producer: A Research Case Study on Entrepreneurship and Family Business","authors":"A. Chauhan, Alfonso Vargas-Sánchez, M. Moral-Moral","doi":"10.33021/IJFBP.V1I1.626","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.626","url":null,"abstract":"The present paper is based on a field research on the evolution of a saga of family entrepreneurs in Spain, with four generations involved. From the modest beginnings of a canned tomato factory, longer than a century ago, the case explains its transformation up to the current reality of being recognized as the largest blackberry European producer, named ‘Agrícola El Bosque’. Through the personal experience of its main characters, the case displays the very different stages through which this entrepreneurial family has traveled, especially the keys to the successful development of ‘Agrícola El Bosque’, including the last major project that has promoted, based on a process of cooperation with other berries producers in the area. This commercial alliance, branded as 'Plus Berries', leads us to reflect on the future of the growth model followed until now by this family business. On the foundations of this case, some lessons can be extracted and shed light on particular aspects of the scientific literature on family business management, as well as on how entrepreneurial spirit can be fed and flourish at the heat of the development and consolidation of a cluster of companies in an industry.","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124796611","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"List of Authors and Profile","authors":"A. Chauhan","doi":"10.33021/IJFBP.V1I1.668","DOIUrl":"https://doi.org/10.33021/IJFBP.V1I1.668","url":null,"abstract":"<jats:p>Authors</jats:p>","PeriodicalId":304592,"journal":{"name":"International Journal of Family Business Practices","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122181424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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