Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises

Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises PDF Author: Pramodita Sharma
Publisher: Edward Elgar Publishing
ISBN: 1784717878
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
This illustrative book considers the interface of business structures, contexts, and leadership building blocks to explore the contingent nature of leadership development in transgenerational entrepreneurship. Longitudinal case studies of 27 family firms in nine different countries provide a rich, global selection of leadership development insights by examining the roles of values, professionalization, leadership style and other contingent factors. The diversity of cases and chapters provides a rich foundation for insight into the pathways currently in use to develop the next generation leaders, illuminating the strategies and pathways of successful transgenerational family enterprises. By examining the available literature and one or more case studies, each chapter draws pragmatic conclusions, with findings that suggest the importance of focusing on leadership as a shared capability, transmission of values to maintain an entrepreneurial culture, the fit between professionalization and values to increase transgenerational potential, the need to address the structure of the business and the focus on parenting to develop next generations. This path-breaking book will inform family business researchers as they explore the ways in use to develop the next generation. Each chapter starts with a mini-case study focused on a dilemma related to leader development, making this book an excellent resource for educators in undergraduate, graduate, or executive programs.

Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises

Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises PDF Author: Pramodita Sharma
Publisher: Edward Elgar Publishing
ISBN: 1784717878
Category : Business & Economics
Languages : en
Pages : 265

Get Book Here

Book Description
This illustrative book considers the interface of business structures, contexts, and leadership building blocks to explore the contingent nature of leadership development in transgenerational entrepreneurship. Longitudinal case studies of 27 family firms in nine different countries provide a rich, global selection of leadership development insights by examining the roles of values, professionalization, leadership style and other contingent factors. The diversity of cases and chapters provides a rich foundation for insight into the pathways currently in use to develop the next generation leaders, illuminating the strategies and pathways of successful transgenerational family enterprises. By examining the available literature and one or more case studies, each chapter draws pragmatic conclusions, with findings that suggest the importance of focusing on leadership as a shared capability, transmission of values to maintain an entrepreneurial culture, the fit between professionalization and values to increase transgenerational potential, the need to address the structure of the business and the focus on parenting to develop next generations. This path-breaking book will inform family business researchers as they explore the ways in use to develop the next generation. Each chapter starts with a mini-case study focused on a dilemma related to leader development, making this book an excellent resource for educators in undergraduate, graduate, or executive programs.

Families in Business

Families in Business PDF Author: Kathleen Randerson
Publisher: Taylor & Francis
ISBN: 1000801357
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
This book offers a ‘contemporary’ understanding of families in business and serves as a springboard for ongoing evolution of families, their composition, transformations, and activities. The first chapter in this volume highlights the different approaches to family and concludes that identifying and understanding the entity ‘family in business’ is the cornerstone to understanding behaviours of family businesses. The concept of ‘family in business’ as a socially constructed entity allows for not only a broader scope of the concept to include individuals who share a faith (chapter 2), but also multi- generational families and chosen families. Narratives, or stories, are means for families in business to mark the boundary of the family in business (chapter 3), because not all members of the family are necessarily members of the family in business. Families and their businesses influence each other (chapter 4) and engender the family influence on the firm (‘familiness’) and firm influence of the family (‘enterpriseness’). The last two chapters are dedicated to transgenerational family businesses, with a focus on learning between generations—chapter 5 highlights the importance of unlearning (to learn new knowledge and different ways of conducting business) and the final chapter focuses on what knowledge is actually transferred relative to initial plans. The chapters in this book were originally published as a special issue of Entrepreneurship & Regional Development.

The Family Business Group Phenomenon

The Family Business Group Phenomenon PDF Author: Marita Rautiainen
Publisher: Springer
ISBN: 3319985426
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
This edited collection analyses the unexplored concept of the family business group, evaluating the opportunities and advantages that it creates for entrepreneurs. Raising a number of important questions, the authors construct a new research agenda for the complex topic of the family business group, which will ultimately assess its contribution towards the economy and society in general. The chapters provide a core understanding of the phenomenon and cover its formation, nature and complexities, as well as offering a holistic perspective and exploring factors such as scale, size and regional contexts. A useful tool for those researching small businesses, organisation, and business strategy, this book highlights the key advantages of family business group structures in both developed and developing countries, and local and national contexts.

Entrepreneurs in Every Generation

Entrepreneurs in Every Generation PDF Author: Allan Cohen
Publisher: Berrett-Koehler Publishers
ISBN: 1626561680
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
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.

Global Family Capitalism

Global Family Capitalism PDF Author: Paloma Fernández Pérez
Publisher: Taylor & Francis
ISBN: 1040271782
Category : Business & Economics
Languages : en
Pages : 381

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Book Description
Emphasizing the diversity of regional and national models, this book explores the history of transformation of family businesses around the world during the twentieth and early twenty-first centuries. Expert contributors explore place-based family capitalism and the local embeddedness of family businesses, looking at how and why this family capitalism was transformed during the globalization and de-globalization periods in the last century. It explores the variation in the adaptations and transformation undertaken by family businesses in response to changes in technology, globalization, ideology, and institutions, as well as world wars, pandemics, and economic crises. The book also evaluates the relationship between changes in the internal organization and strategies of family businesses with external forces such as the political ideologies, changing ideas about the very nature of what constitutes a family, and changes in how the State has perceived families and family businesses in the world. The book also shows that despite all profound transformations in family capitalism, these businesses have remained resilient entrepreneurial forces and strong creators of wealth and employment. This book will be of great interest to readers in business and economic history, family business, and entrepreneurship.

Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises

Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises PDF Author: Hsi-Mei Chung
Publisher: Springer Nature
ISBN: 981159015X
Category : Business & Economics
Languages : en
Pages : 430

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Book Description
This book documents the distinctive experiences and challenges of Small and medium-sized enterprises (SMEs) in Asia. By assessing succession and innovation in SMEs as the two sides of a coin, this book explains how innovations are essential to SMEs in succession. With detailed case examples, the book provides generalized solutions for SMEs to answer the question of how to make succession and innovation simultaneously successful. The authors discuss the potential solutions to solve the challenges of SMEs on succession and innovation by considering the utilization of the capital market, the electronic commerce strategy, the international strategy, and angel investment to pursue portfolio entrepreneurship, and compare these Asia solutions to the experiences from Europe. The book is recommended for family business and SME owners, professionals serving these firms, and the consulting firms that work on continuity issues of SMEs in Asia.

Understanding Family-Owned Business Groups

Understanding Family-Owned Business Groups PDF Author: Manlio Del Giudice
Publisher: Springer
ISBN: 331942243X
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
This book addresses the increasing prominence of family-owned business groups and their potential to influence growth and development in the global economy. Family businesses are not necessarily converging towards unitary models of corporate governance or organizational designs, but remain heterogeneous in a global economy. Empirical evidence on the developmental effects of family-owned business groups is fragmented and inconclusive: are there tangible differences between family-owned business groups in emerging economies and developed countries? Are there important variations across and between industries? How have geopolitical circumstances shaped their activities? In this book, the author seeks alternative, pluralistic, and cross-disciplinary approaches through economic, management, and organizational perspectives. This book provides readers with a core understanding of how both corporate governance and business strategy are shaped by the institutional frameworks of markets, as well as knowledge into how institutional context shapes the governance and strategies of family business groups. It is an invaluable reference tool for scholars and students in the social sciences, as well as professionals involved in strategic management issues within a knowledge management context.

Family Entrepreneurship

Family Entrepreneurship PDF Author: Matt R. Allen
Publisher: Springer Nature
ISBN: 3030668460
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
This book provides recent ideas, insights, facts, evidence, frameworks, and perspectives on how and why entrepreneurial families are successful over generations. The book focuses on how families successfully implement entrepreneurship across generations. That success, it argues, requires entrepreneurship at the level of the family, not only in the businesses the family owns and manages. Written by noted academics and consultants who are authorities on family entrepreneurship, the chapters provide a comprehensive exploration of the characteristics of successful entrepreneurial families, their motivations, how they behave over time, and, suggestions for how business families can encourage and sustain entrepreneurship. This comprehensive look at family entrepreneurship will serve as a fundamental reference text for family business consultants, owners, and scholars.

Exploring Transgenerational Entrepreneurship

Exploring Transgenerational Entrepreneurship PDF Author: Pramodita Sharma
Publisher: Edward Elgar Publishing
ISBN: 1781003629
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Transgenerational entrepreneurship, as a discipline, examines the processes, resources and capabilities that allow family enterprises to create social and economic value over time in order to succeed beyond the first generation of business owners. While tangible resources such as financial and physical capital are certainly important factors in the long-term success of a family-run business, this book focuses specifically on the role of intangible resources and capabilities, which are less easily quantifiable but equally vital.

Transgenerational Entrepreneurship

Transgenerational Entrepreneurship PDF Author: M. Nordqvist
Publisher: Edward Elgar Publishing
ISBN: 1849805466
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
Introducing a new concept in family businesses Transgenerational Entrepreneurship addresses how these businesses achieve growth and longevity through entrepreneurial activities. It focuses on the resources, capabilities and mindsets that families develop and draw upon in order to be entrepreneurial across generations, and presents findings from an international research collaboration between family business researchers and practitioners. In addition to a comprehensive conceptual chapter, the editors include a unique set of empirical case-based research papers that investigates transgenerational entrepreneurship in different European contexts. They bring together and integrate frontier research on entrepreneurship and family business, as well as provide a basis for future research. Academics, teachers and students in business and management, entrepreneurship and family business will find this path-breaking book of value, as will libraries, policy makers and consultants.