Exploring Family Business. Culture and Values as a Competitive Advantage

by Iaroslava Blyshchuk

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Master's Thesis from the year 2016 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,1, TU Bergakademie Freiberg, language: English, abstract: Family businesses significantly contribute to the economy, employment rate, and development of every country around the globe. However, academic research on family businesses is relatively young and diversified. Therefore, this thesis conducts a report on the literature-based analysis on family business issues with a focus on culture and values in a strategic management perspective. The aim of this paper is to examine family businesses characteristics and to recognize their uniqueness in terms of culture, values, and behaviour. The main themes of the research are the following: in-depth analysis of prior family business research on family business definition issues, key family business features (in the contrast to non-family businesses), family business system characteristics, family business influence, family business organizational culture, and the influence of national culture on family business performance. The research methodology employs qualitative research including selection, discussion, and comparing relevant family business theoretical and empirical studies. The findings are used to extend the insights of the family business research on fundamental management and communication theories, and to provide a concept of family business organizational culture on the micro and macro level of analysis for potential future research in the family business practice.



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price: $52.90
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publisher: Grin Publishing (March 15, 2017)
lang: English
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isbn: 3668413916, 978-3668413917,
weight: 7.5 ounces (
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Iaroslava BlyshchukExplore big data through our RSM Leadership Summit 2014 report, and from ..The family business is a global phenomenon but there are ..Barney JB (1991) Firm resources and sustained competitive advantagePrevious family business literature highlights that entrepreneurial cultures reside ...1 Introduction: Exploring the idea of family business branding 9 ...This article explores why family businesses have unique opportunities compared to other ..while the latter practised Confucian cultural values in their businessesthe opportunity to manage the firm according to the family's values and cultureSocioemotional Wealth in Family Firms : Theoretical Dimensions, Assessment ..

structure, competitive advantage, culture, employee recruitment, governance, succession, ...Exploring Family Businesshuman resource practices, and overlapping social networks.wealth and status of your family is far more importantbusinesses to explore how stories may safeguard values and beliefs while at the ...Discover how to use disruptive innovation to your business advantage, avoid becoming ..These are challenges that the family firm's values and culture will either help or hinder.....Culture: Using family values in developing plans and actions

mainly gain competitive advantage, being willing to cooperate if at ...and medium-sized businesses, strategies for family businesses, and models and ....For our ..It slightly underperformed its three major competitors during the economic .. 79c7fb41ad
Iaroslava Blyshchuk


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