Relevant bibliographies by topics / Family Business sustainability

Academic literature on the topic 'Family Business sustainability'

Author: Grafiati
Published: 10 December 2022
Last updated: 28 January 2023

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Journal articles on the topic "Family Business sustainability"

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Svoboda, Petr. "Family Business - Sustainability Model." Acta Oeconomica Pragensia 27, no. 3-4 (May 31, 2020): 45–60. http://dx.doi.org/10.18267/j.aop.627.

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Wijayanti, Anita, Massila Kamalrudin, Safiah Sidek, and Kartika Hendra Titisari. "A business transformation model to enhance the sustainability of small-sized family businesses." Problems and Perspectives in Management 19, no. 1 (February 26, 2021): 185–97. http://dx.doi.org/10.21511/ppm.19(1).2021.16.

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Business transformation is essential to making the small-sized family business more sustainable. Technological and environmental changes have radically transformed the way of doing business. Business transformation into digital business is the key to success in these conditions. On the other hand, some of the previous studies of business transformation in several countries and industries show different empirical evidence. This study analyzes the transformation process in a small-sized family business. This is a case study of 15 small-sized family businesses with four different types of industry, with an interview and observation period of 12 months in 2019–2020. This study has formulated a business transformation model for a small-sized family business and presented the results of the transformation process carried out. The research results indicate that a business transformation model consists of several attributes and sub-attributes. Business transformation results indicate different processes and times between companies. In general, the transformation process can be grouped into the exploration, learning, and synchronizing stages. The industry with the fastest transformation process is the hospitality industry, while the manufacturing process for the industry takes a bit longer. The results of this study indicate that business transformation has improved the sustainability of a small-sized family business that is characterized by its ability to adapt to changing technology and environmental conditions.
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Alwadani, Rawa, and Nelson Oly Ndubisi. "Sustainable family business." International Journal of Manpower 41, no. 7 (October 25, 2019): 945–65. http://dx.doi.org/10.1108/ijm-08-2019-0359.

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Purpose Family centered non-economic (FCNE) goals, such as environmental and social goals, are sometimes strenuous to “sell” to non-family members in a family business, and are often open to resistance. The purpose of this paper is to identify socio-psychological mechanisms for achieving FCNE goals because, in addition to economic goals, they are the other two components of the triple bottom line. Design/methodology/approach Through a juxtaposition of the literature on family businesses, and the theories of mindfulness and psychological ownership, this paper argues for the facilitating roles of family involvement and mindful organizing in the achievement of FCNE goals. An example of how a Kuwaiti oil company implements these ideas is appended. Findings A moderated link between family involvement, mindful organizing and FCNE goal of environmental sustainability. Besides its direct effect on environmental sustainability, mindful organizing also has a potential mediating role in the relationship between family involvement and environmental sustainability. Psychological ownership, environmental sensitivity and individual mindfulness will moderate the relationship between mindful organizing and the achievement of environmental sustainability goals. Research limitations/implications The paper presents ten propositions and argues that three types of family involvement (ownership, management and inter-generational), together with non-family engagement (through mindful organizing) would lead to success in achieving the FCNE goal of environmental sustainability. Psychological ownership, environmental sensitivity and individual mindfulness are potential moderators. Practical implications The paper suggests some key drivers of FCNE goal of environmental sustainability as well as several contingent factors. Applicable to family businesses, owners and/or managers of similar firms can apply knowledge from this study in the pursuit of environmental sustainability. Originality/value The paper’s model advances the current understanding of the link between family involvement, mindful organizing, environmental sustainability, psychological ownership, environmental sensitivity and individual mindfulness in the context of family business. The paper further suggests new future research directions.
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Rahmiati, Filda. "Family Business Sustainability through Community Orientation." International Journal of Family Business Practices 3, no. 1 (September 14, 2020): 59. http://dx.doi.org/10.33021/ijfbp.v3i1.1158.

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<p>This research aims to explore the sustainability of family business through the implementation of Corporate Social Responsibility (CSR) to the community surrounding the company. As many research studies mentioned that family businesses are often strongly anchored in the local community, the high commitment to the local community will leads to a high degree of socially responsible acting. Qualitative method is used in the form of a case of an Indonesian small business in Bogor. The data collection is done using direct methods like observation, interview, and going through the company documentations to comprehend the case situation. The result of the research shows that the CSR implementation, in case observed, was in accordance with the needs of surrounding community. The CSR activities were in the form of the education, religious activities, public facilities, employee and community empowerment. The community and the company were supporting each other in order to make the activity success. This study concludes that this symbiotic CSR could be new model for family business enterprises sustainability through CSR.</p>
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Akume, Ben. "Developing Capabilities for Sustainability in Family Small Enterprises." International Journal of Entrepreneurship and Governance in Cognitive Cities 1, no. 2 (July 2020): 9–23. http://dx.doi.org/10.4018/ijegcc.2020070102.

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Though literature in family perpetuity and sustainability is well documented from the advanced economies, there is scarcity of insights from emerging markets where this research relates. The study, therefore, sought to investigate, understand, and interpret the underlying drivers of sustainability in small family businesses using the stewardship theory paradigm in the Nigerian family business environment. A qualitative method with 41 in-depth interviews involving owners and managers of family-owned small and medium businesses was conducted. The study empirically shows that there is an interrelationship between family structure and business sustainability; hence, the practice of polygamy was found to be inimical to family business success and sustainability. Building on the stewardship theory, the paper develops a model of sustainability for small and medium family businesses. The study contributes to the theoretical literature on stewardship and family business sustainability.
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Akume, Ben, and Osarumwense Iguisi. "Developing capabilities for sustainability in family owned SMEs: An emerging market scenario." International Journal of Research in Business and Social Science (2147- 4478) 9, no. 6 (October 26, 2020): 24–36. http://dx.doi.org/10.20525/ijrbs.v9i6.840.

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The academic discourse on ‘family’ perpetuity in family-owned businesses (FOB) is still burgeoning. Current findings suggest the importance of family control and family inter-generational sustainability in family-owned businesses. Though literature in family perpetuity and sustainability is well documented from the advanced economies, there is a scarcity of insights from emerging markets where this research relates. The study, therefore, sought to investigate, understand and interpret the underlying drivers of sustainability in small and medium family businesses using the stewardship theory paradigm and relying on evidence from an emerging market economy the Nigerian family business environment. A qualitative method with 41 in-depth interviews involving owners and managers of family-owned small and medium businesses was conducted. The study empirically shows that there is an interrelationship between family structure and business sustainability, hence the practice of polygamy was found to be inimical to family business success and sustainability. The study also showed that the element of spirituality arising from the ideals and values of the owning family is a significant factor for ensuring family wellbeing and business sustainability, and founding owner characteristics (industry experience) and impacts positively on the business performance and continuity. The study confirmed that the stewardship of non-family member employees within the business is provisional stewardship as non-family members rely on other incentives from the owning family members to behave as stewards. Building on the stewardship theory, the paper develops a model of sustainability for small and medium family businesses. The study contributes to the theoretical literature on stewardship and family business sustainability
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Olson, Patricia D., Virginia S. Zuiker, Sharon M. Danes, Kathryn Stafford, Ramona K. Z. Heck, and Karen A. Duncan. "The impact of the family and the business on family business sustainability." Journal of Business Venturing 18, no. 5 (September 2003): 639–66. http://dx.doi.org/10.1016/s0883-9026(03)00014-4.

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Mikušová, Marie, Václav Friedrich, and Petra Horváthová. "Who is More Sustainable? Family Business or Non-Family Business? Czech Evidence." Sustainability 12, no. 14 (July 9, 2020): 5540. http://dx.doi.org/10.3390/su12145540.

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The aim of this research was to find out whether family businesses create better opportunities for their economic sustainability in comparison with non-family businesses. That is, whether family businesses are more responsible in preparing for crises than non-family businesses. Having a sustainable business means being prepared for potential threats of all kinds. Research was carried out in 2019 on a sample of 2300 family and non-family enterprises. On the basis of statistically processed results, a minimum of significant differences in preparation for the crisis was identified. Even the basic hypothesis about a more responsible approach by family businesses to prepare for the crisis could not be accepted. It could not be noted that family businesses are building better conditions for their economic sustainability. The implication for praxis is to encourage owners to involve the family more in the preparation for crises, including development of formalised tools. Predetermined tools will help in solving crises that threaten the source of livelihoods of the whole family. The comparison of family and non-family businesses in this area, as yet unexplored, has the potential to contribute to the deepening of research in both crisis management and family business, which is the main contribution to the theoretical field.
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Fernández-Méndez, Carlos, and Rubén Arrondo-García. "Sustainability Practices in Australian Firms: The Effect of Family Control and the Generational Stage." Sustainability 13, no. 3 (January 25, 2021): 1244. http://dx.doi.org/10.3390/su13031244.

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This paper examines the effects of family control on a firm’s adoption of sustainability practices, with special attention given to the heterogeneity of the family business derived from the generational stage of the company. Using a panel of 166 Australian companies listed between 2011 and 2018, we found that family businesses have lower sustainability scores compared to non-family businesses, according to the predictions of the socioemotional wealth (SEW) approach. For a subsample of family businesses, we found that multi-generational family businesses score better on sustainability than firms managed by the founders (first-generation). The SEW perspective could explain the effects of family control based on the pursuit of non-economic goals and the higher risk-aversion of family businesses. The decline in non-economic goals resulting from the ageing of the company stimulates the adoption of better sustainability practices. The generational stage of a family business could be a moderator of the relationship between family control and the adoption of sustainability practices and is a central element in explaining the disparity in the sustainability policies within family businesses.
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Moskovich, Yaffa. "Family Home Business in Kibbutz Industry Sustainability." Sustainability 12, no. 13 (July 3, 2020): 5388. http://dx.doi.org/10.3390/su12135388.

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This study defines and examines kibbutz industries as an expanded form of family business. It explores the sociological characteristics of this new type of enterprise, extending familial business culture theory innovatively by adding a new category of business to those already described in the relevant literature. The research addressed multiple case studies, using anthropological interviews and document analysis methods to explore three new familial types: 1. Communal Familial Type, Kibbutz industries that are still communal and have retained familial attributes; 2. Business Communal Familial Type, Kibbutz industries that have undergone privatization, retaining only half the communal cultural features typical of kibbutzim and displaying greater business orientation; 3. Business Type, Kibbutz industries that have lost their familial attributes or communal cultural features. The first two types maintain kibbutz community and industrial sustainability, while the last can be a threat to kibbutz sustainability.
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Dissertations / Theses on the topic "Family Business sustainability"

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Zadeh, Ali Sayyadi. "Sustainability of family business : overcoming generational issues." Thesis, Sheffield Hallam University, 2015. http://shura.shu.ac.uk/20332/.

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This research contributes to bridging the gap in the existing knowledge on sustainability of family businesses. It provides understanding that enables engagement with the theoretical processes underpinning transition. It is grounded in the context of Iranian family businesses, a field in which generational issues have not really been considered before. Furthermore, this research provides understanding of the process of transition from the perspectives of different generations. It thereby enhances family businesses' knowledge of how to grow their business across generations. In both advanced and developing economies, the vast majority of business enterprises are family owned and together they account for most of the jobs created in the economy. Furthermore, scholars have indicated that most family businesses are dysfunctional in transferring the business to the next generation. Hence, transition of family businesses to the next generation involves crises that threaten the sustainability of family firms. The literature on family business and entrepreneurship has not fully investigated the sustainability of family business. This is especially true for firms outside of Western Europe and North America. To address this gap, the study examines a set of eight Iranian entrepreneurial family firms to understand how the family businesses in this region can sustain to the next generation. Therefore the purpose of this thesis is to understand how SME family businesses manage and overcome their generational issues to transit successfully to the next generation. The findings aim to inform family businesses and the practitioners how the conflicts and issues among young generation and senior generation family members can be managed in a way which will result in sustainability of the family business. This study explores the common conflicts that exist between first, second and third generation family members which obstruct the continuity of family businesses in Iran. A qualitative approach was conducted to gather empirical data through in-depth semi-structured interviews with CEOs, family managers and non-involved family members from different generations at the selected SMEs. A purposive sampling technique and general analytical induction approach were used for data collection and analysis respectively. The analysis of the data produced three main themes: Sustaining Governance, Family Trust and Family Integration. The findings of this research identified that, generational issues in Iranian family businesses are related to three main areas. These areas, categorised as sustaining governance, family trust and family integration, have not been explicitly identified in previous research or identified as the main areas of conflicts in family businesses. Furthermore, the findings of this research suggest how to consider and manage each area of conflict. This research also identified participative commitment as a factor linking the derived three main themes in order to resolve issues and support sustainability of family businesses. Accordingly, the research reveals the importance of family members' engagement and participation in every stage of the continuity model. For instance, in developing plans and policies, it is essential to manage family members' expectations, build long term trust among family members and enhance family integration. These are recognised as important elements for the continuity of family business to the next generation. Therefore, participative commitment is recognised as a key concept supporting the sustainability of family businesses. The main outputs from the present research are two practice-based models of 1) continuity process and 2) initiating and building a family business sustainability model. These conceptual models are discussed in chapter 4 (Figures 4.9 and 4.10). The models include elements which can help predecessors and successors in SME family businesses to define their strategy in sustaining to the next generation.
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Akume, Benson. "Determinants of family business sustainability : evidence from Nigeria." Thesis, University of Huddersfield, 2016. http://eprints.hud.ac.uk/id/eprint/31189/.

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Literature in family business perpetuity and sustainability is well documented from the advanced economies, but there is a scarcity of insights from emerging markets where this research relates. Further, while the academic discourse has concentrated on issues of succession and corporate social responsibilities, very little discourse have dwelt on issues of sustainability of the family business; and whereas evidence from literature indicates that the survival rate in family businesses is very low. The evidence of a small percentage of family owned businesses being sustained into their third generation highlights the seeming inherent difficulty in achieving sustainability by most family businesses. Hence there is scarcity of empirical data on the constructs determining the sustainability of family business; and evidence of the low survival rate of family businesses, this thesis, therefore, investigated, and gave an understanding and interpretation of how family business owners can develop the capabilities to survive across generations using the stewardship theory paradigm and relying on evidence from an emerging market economy. A qualitative method with 41 in-depth face-to-face interviews involving owners and managers of family-owned micro, small and medium sized businesses was used. The data were analysed using the thematic analysis procedure with the aid of a Computer Assisted Qualitative Data Analysis Software (CAQDAS). Findings from this thesis contribute to the theoretical literature on stewardship and family business. One of the key findings indicated that, family structure and family internal dynamics have a greater challenge in sustainability. This is the consequence of polygamy, which is well practiced in Nigeria, and in many African countries. It was also found that the element of spirituality arising from the ideals and values of the owning family is a factor for achieving family wellbeing and business sustainability. In the realm of the stewardship theory as the guiding theory for this thesis, it was further found that the stewardship of managers and indeed other non-family member employees within the business is provisional stewardship as non-family members rely on other incentives from the owning family members to behave as stewards. Based on the findings, and building on the stewardship theory, the thesis came up with nine propositions on the constructs determining family business sustainability and developed a model of sustainability for the micro, small, and medium sized family businesses.
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De, Weerdt Philip. "Shared leadership as an approach toward family business sustainability." Diss., University of Pretoria, 2017. http://hdl.handle.net/2263/59815.

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The practice of shared leadership in family business management teams requires further study. Shared leadership is an emergent participative theory that requires team leaders to emerge and change naturally within a team. The study aimed to understand the prevalence of shared leadership, awareness of required team leadership qualities, and specific tasks prone to shared leadership, within the family business context. A family business team input-process-output model and sustainability constructs were adopted to study shared leadership in the family business environment. The general heterogeneity and intricacies of family businesses prompted a research case study approach. Incumbent and successor generation teams were interviewed. Findings showed prevalence of shared leadership where the incumbent generation was willing to share management control. In the absence of such willingness, a delegation structure prevailed. Further findings indicated that a family council communication platform can assist with the participation of the successor generation in an environment where the incumbent generation is unwilling to relinquish business control. During the final phase of the succession process, termed relinquishing of control, shared leadership was observed to assist with building of trust and confidence in the successor generation. The observations and conclusions contributed toward family business sustainability knowledge
Mini Dissertation (MBA)--University of Pretoria, 2017.
nk2017
Gordon Institute of Business Science (GIBS)
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Nwuke, Okechukwu Vitalis. "Leadership Transition Strategies for Medium-Sized Family Businesses' Sustainability." ScholarWorks, 2017. https://scholarworks.waldenu.edu/dissertations/4315.

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Medium-sized family businesses are major contributors to economic activities and job creation in Nigeria, but more than 50% of such family businesses fail after leadership succession. The purpose of this multiple case study was to explore the strategies that owners of medium-sized family businesses use to sustain the businesses after the leadership transition from the founders. The population for this study included 3 family business leaders in Lagos and Port Harcourt in Nigeria who have sustained their family businesses after the leadership transition from their founders. The conceptual framework for the study was based on the transformational leadership theory and the theory of planned behavior. Data collection was through semistructured face-to-face interviews and from company documents and artifacts. Data analysis was supported by follow up questions and member checking to enhance the credibility and trustworthiness of interpretations. The 4 themes that emerged were the founders' desire and support for transition, preparation of successors, trust and credibility of successors, and clarity of vision for both the founders and the successors. The findings from this study could contribute to positive social change by providing family business owners with strategies for managing leadership transitions to enable them to sustain their business operations after these transitions. Sustaining the family businesses might lead to a reduction in unemployment and enhance the incomes and well-being of the family members, communities, and Nigerian economy.
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Schlegel, Monika, and Marie-Louise Langer. "The Influence of Generational Perspectives on the Link Between Family Values and Corporate Sustainability in Family Firms." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Center for Family Enterprise and Ownership (CeFEO), 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-43955.

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Adams, Karen Ann. "Accounting Strategies for Small Business Law Firms' Sustainability." ScholarWorks, 2016. https://scholarworks.waldenu.edu/dissertations/2629.

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Small business family law firms generate jobs within the local community, but often fail because of suboptimal accounting strategies. A multiple case study was used to research the accounting strategies small business family law firm owners use to succeed in business beyond 5 years. The population for this study was three small business owners of family law firms located in West Chester, Pennsylvania. The small business family law firm owners had achieved and maintained profitability of their businesses for a minimum of 5 years. Financial literacy theory and the leadership skill model comprised the conceptual framework for this study. Data collection included semistructured face-to-face interviews with the small business family law firm owners, a review of company documents, and field notes. Thematic analysis included data from face-to-face interviews, document collection, field notes, and current literature. Themes that emerged were (a) having or obtaining some formal accounting education, (b) working with an accounting professional, (c) categorizing expenses and using formal financial reporting, (d) developing and maintaining ethical standards of billing and unearned income, and (e) utilizing accounting software. Recommendations for action included investing in accounting courses and seeking professional assistance. Small business family law firm owners may apply these results to spend more time working with clients to increase income. Increasing the success of small business family law firm owners may contribute to positive social change by providing increased employment and economic health within communities.
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Ahunov, Husanboy, and Andreas Eriksson. "Sustainability Reporting by Swedish Family Firms : A Panel Data Analysis." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-387514.

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Introduction - Sustainability reporting is becoming more and more important for businesses all around the world. Extant empirical literature investigating the relationship between family status and sustainability reporting provides inconclusive results. No previous studies investigated this association in the Swedish setting. Purpose - The purpose of this study is to investigate how family control and influence affects sustainability reporting behavior of Swedish listed firms. Theoretical framework – Sustainability disclosures are considered as effective means for companies to communicate with their stakeholders. Family firms are more concerned about their internal and external stakeholders in order to protect family’s socioemotional endowments. Methodology design – We use panel data on Swedish listed firms over the period of 2008-2015. We analyze data with random-effects ordered probit regression for panel data. Empirical findings - When we treat all family firms as homogenous, there are no statistically significant differences in the levels of reports of family and non-family firms. However, when we take into account internal contexts of family firms, we find that a family member(s) in top management or a family CEO make family firms more transparent about their sustainability performance. Conclusion – We document that presence of a family top manager(s) or of a family CEO is associated with higher level of details of sustainability reports. Family top managers are more likely to be concerned about internal and external stakeholders to preserve the family’s SEW.
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AlFahim, A. A. J. "Strategies for family businesses in Abu Dhabi to 2030." Thesis, Coventry University, 2011. http://curve.coventry.ac.uk/open/items/329fa50e-d117-4983-867d-6184806190ee/1.

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In the 21st century, family businesses around the world face significant challenges and plentiful opportunities. The growth and survival of family firms depends on their ability to address these challenges, capitalise on their strengths, and take advantage of the opportunities facing them. The family business literature is rich in the experiences of Americans, Koreans, Swedes and many other nationalities, cultures and religions around the world, but there is a paucity of documented evidence that relates to the Arab world. This study adds a new and important specific contribution to the literature by addressing the field of family businesses in the Arab world, and Abu Dhabi in particular. The thesis concentrates on large family firms which have their headquarters in Abu Dhabi in the United Arab Emirates. The main reason for this choice is pragmatic; the researcher has far greater access to the principals (CEO’s and Chairmen in particular) of Abu Dhabi based family firms than those headquartered elsewhere. This thesis identifies major themes which will influence the future development of family firms in Abu Dhabi in the medium term (taken to mean up to 2030, the period covered by the Abu Dhabi Vision). The research design chosen is an exploratory one. It does not seek to make predictions concerning the future of family firms in Abu Dhabi but attempts to explain the phenomenon of family firms in Abu Dhabi to the extent that explanation helps shed light on possible alternative strategies which such firms might need to adopt if they are to continue to prosper. The research relies heavily on expert interviews. Such a strategy is warranted by the dearth of published data of any sort. This research also makes a useful contribution to our understanding of family firms in general. By concentrating on a hitherto under-researched context, the study adds to our overall understanding by broadening the range of comparative studies of family firms which are available to other researchers.
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Modise, Mosidi. "The role of succession planning in the sustainability of family owned agribusinesses in South Africa." Diss., University of Pretoria, 2011. http://hdl.handle.net/2263/24962.

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The purpose of this research report was to establish what the key contributing factors are towards the long-term sustainability of family owned agribusiness in South Africa. The reason this study was conducted in the agribusiness sector is that 90% of agricultural enterprises in South Africa are reportedly family-owned. Succession was chosen as a key construct, considering the fact that the ability of enterprises to have long-term sustainability is influenced by whether or not they have a plan for succession. A case study method of analysis was used to collect data, which involved interviewing four commercial farming families in the Eastern Free State. It was established from the interviews that each family had unique drivers that enabled or inhibited the succession process. A comparative analysis was conducted to analyse the key factors responsible for a smooth transition and what the barriers were. The research study was also intended to assess how succession planning within South African family-owned agribusinesses was unique. The political context in the country had a major influence on how these farming families would plan for their sustainability going forward. The papers thus examined how these reasons affected black and white commercial farmers differently. The literature that was reviewed was based on the nature of family business succession planning as well as the agriculture sector in both a global and South African context. The theory base used was that of the Conceptual Model of Satisfaction with the Succession Process Sharma et.al. (2003) supported by other theoretical frameworks. The intent was to bring about knowledge that could contribute to the study of family businesses and to find key insights that may be useful to stakeholders in the agricultural sector be it from a firm, advisory, or policy formulating perspective. Copyright
Dissertation (MBA)--University of Pretoria, 2011.
Gordon Institute of Business Science (GIBS)
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Piedrahita, Seifert Tamara. "Organizational Resilience: Key Factors to overcome and survive a Business Crisis. Learnings from a family owned business in Crisis." Thesis, Malmö universitet, Fakulteten för kultur och samhälle (KS), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:mau:diva-21380.

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BACKGROUND: Organizations are not prepared for crisis and are vulnerable to disruptive changes. SMEs, and organizations in general, are key elements of our society and need to learn how to be resilient, in order to be sustainable. A case study was used to explore key organizational resilience factors to overcome a business crisis.OBJECTIVE: Explore through the theoretical lense of organizational resilience, how the studied SME was lead and organized during crisis towards a sustainable business outcome. With the aim to present learnings and recommendations for organizational resilience and sustainability.THE CASE: Business crisis, generated by a fire, consumed 90% of the production plant of an SME (Small and Medium-sized Enterprise) in Colombia. This SME (Susi Bakery) managed to recover completely from the crisis in 7 months. Different perspectives of the stakeholders across the bakery’s network were analyzed to understand the strategy of this SME, to overcome the crisis and be resilient.METHODS: Single case-exploratory case study, with in-depth semi-structured interviews to different stakeholders across the Bakery’s network. A theoretical framework in organizational resilience was built and used to answer the research questions: What are the factors that make the analyzed SME (Susi Bakery) a resilient organization? What moved key stakeholders towards engaging the recovery of the business crisis? The analysis of the collected data is based on phenomenography, since stakeholders present different subjective perceptions.THEORETICAL CONTRIBUTION: Organizational resilience’ theory explored through the case of an SME in Colombia.CONCLUSIONS: Resilience strengthens the capabilities to adapt and see disruptive changes as opportunities. Organizations can learn to be resilient through the development of resilient business models' and their enabling factors. Currently, 11 enabling factors for organizational resilience can be found in resilient business models theory: Adaptability and innovation, Motivation, Diversity, Collective efficacy, Effective communication, Loosening of control, Sustained relationships, Minimize layoffs, Financial slack, Competence and Acceptance. 3 Additional enabling factors were found in this case: Leadership, Reciprocity and Reputation. There is a research gap regarding the relations and causalities of the resilient enabling factors, and the relationship between organizational resilience and business crisis management.
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Books on the topic "Family Business sustainability"

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Neubauer, Franz-Friedrich. The family business: Its governance for sustainability. New York: Routledge, 1998.

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G, Lank Alden, ed. The family business: Its governance for sustainability. Houndmills, Basingstoke, Hampshire: Macmillan Press, 1998.

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Karofsky, Paul. So You're in the Family Business..: A Guide to Sustainability. Charlston, South Carolina: Advantage Media Group, 2016.

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Neubauer, Fred, and Alden G. Lank. Family Business: Its Governance for Sustainability. Palgrave Macmillan, 2016.

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Neubauer, Fred, and Alden G. Lank. The Family Business: Its Governance and Sustainability. Brunner-Routledge, 1998.

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Neubauer, Fred, and Alden G. Lank. The Family Business: Its Governance for Sustainability. Palgrave Macmillan, 1998.

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Essential Roadmap: Navigating Family Enterprise Sustainability in a Changing World. Relative Solutions LLC, 2020.

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Chee Chee, Lim. Case Studies in Management and Business (Volume 3). UUM Press, 2017. http://dx.doi.org/10.32890/9789672064428.

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Institute for Management and Business Research (IMBRe) is pleased to put forward this book which contains a compilation of business management case studies.The cases in this book are meant for teaching and learning purposes which could be used for both the undergraduate and postgraduate levels.In specific, the first case about Lang Buana Museums requires students to apply their knowledge of how to manage an entity in public sector with respect to its accountability, financial management and accounting to address the Museums problems in trying to improve the operation and financial conditions of the Museums. The second case about Regular Care insurance and Critical Care insurance requires students to apply their knowledge of insurance management and also financial management about time value of money (TVM) concept in making purchase decisions for different needs of medical care and for different premium payment terms.The third case about BFN Bank Berhad requires students to apply their knowledge of bank management with respect to commercial banks operations and its lending activities to come up with turnaround strategies in reducing the banks non-performing loans (NPLs) to enable the bank to generate high return. The fourth case about Langkawi Buffalo Park requires students to apply their knowledge of how to manage a farm to improve its performance with respect to management, marketing and finance by conducting SWOT analysis and re-establishing the length of time expected to break even.The fifth case about a small family business requires students to apply their knowledge of strategic management by performing SWOT analysis, explaining how business creates values under cost-leadership strategy, discussing the disadvantages of resource-based model and identifying exit barriers. The sixth and last case about Knots Group Café requires students to apply their knowledge of human resource management with regard to the recruitment, development (talent management) and retention of employees for business sustainability.
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Book chapters on the topic "Family Business sustainability"

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Tognazzo, Alessandra. "Visualizing Sustainability: The Visible and the Invisible." In Family Business Metaphors, 73–89. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-05248-4_4.

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Taylor, Linda Davis. "Family Sustainability: Risk and Resilience." In The Business of Family, 135–42. New York: Palgrave Macmillan US, 2015. http://dx.doi.org/10.1057/9781137487872_12.

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Barraquier, Anne. "Sustainability in Historic Family Firms." In Corporate Citizenship and Family Business, 34–55. London: Routledge, 2022. http://dx.doi.org/10.4324/9780429281228-3.

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Taylor, Linda Davis. "Financial Sustainability: Working with Your Money, Not against It." In The Business of Family, 125–34. New York: Palgrave Macmillan US, 2015. http://dx.doi.org/10.1057/9781137487872_11.

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Ramírez-Pasillas, Marcela, Ulla A. Saari, and Hans Lundberg. "Business Groups Owned by Family and Sustainability Embeddedness: Understanding the Family Sustainability Spectrum." In The Palgrave Handbook of Managing Family Business Groups, 429–57. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-13206-3_17.

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Barbery-Montoya, Danny Christian, and Carlos Luis Torres-Briones. "Between Reason and Emotion: Socioemotional Intelligence as a Non-tangible Resource for Strategy, Operation, and Sustainability for the Family Business." In Entrepreneurship and Family Business Vitality, 9–25. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-15526-1_2.

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Gomes, Karine Rosália Felix Praça, and Emanuel Ferreira Leite. "Female Entrepreneurship: Is It Possible to Reconcile Family and Business?" In Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application, 165–75. Singapore: Springer Nature Singapore, 2022. http://dx.doi.org/10.1007/978-981-16-9499-8_9.

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Bernhard, Fabian, Miriam Hiepler, and François-Xavier Engel. "Family Business Sustainability: The Intergenerational Transfer of Social Capital and Network Contacts." In Sustainable Innovation, 101–32. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-30421-8_9.

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Jonker, Jan, and Niels Faber. "Core Activities." In Organizing for Sustainability, 115–23. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-78157-6_9.

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AbstractIn this chapter, the central question is which core activities you will undertake in order to achieve your goal, organizing your value proposition with success. Because you are working towards a specific goal, and with selected strategies, it is useful to state which (core) activities are necessary to realize your sustainable business model. The idea of a core activity is that a specific part of the organizational activities can be seen as the speciality of a company, a network, or a community: it tells what they are really good at. Core activities should contribute to operationalizing the chosen strategy, thus contributing to the realization of the overall goal, coherent with the value proposition. We offer a core activities framework based on the conventional sustainability trio: reduce, reuse, recycle. This has evolved over the years into a whole family—commonly referred to as the RE-strategies and presented here as the 13 REs.
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Zaman, Atiq. "Zero-Waste: A New Sustainability Paradigm for Addressing the Global Waste Problem." In The Vision Zero Handbook, 1–24. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-23176-7_46-1.

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AbstractThere is a growing interest in addressing global waste problems by applying innovative ideas and philosophies such as zero-waste and circular economy. As a new sustainability paradigm, zero-waste challenges the common assumption of waste as a valueless and unavoidable by-product created at the end of the product’s life phase. Instead, it acknowledges that waste is a “misallocated resource” or “resource in transition”; produced during the intermediate phases of production and consumption activities. Waste should be recirculated to production and consumption processes. Therefore, zero waste means no “waste” would be wasted under the circular economy system. This chapter presents various examples of zero-waste practices derived from family, community, business, and city levels. In addition, zero-waste implementation strategies and actions are also discussed in the chapter. Despite its potential, the visionary zero-waste goals cannot be achieved without responsible global stewardship and active citizens’ role.
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Conference papers on the topic "Family Business sustainability"

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Trúchliková, Mária, and Jakub Lukáč. "Sustainability of family businesses during a pandemic COVID-19." In Sustainable Business Development Perspectives 2022. Brno: Masaryk University Press, 2022. http://dx.doi.org/10.5817/cz.muni.p280-0197-2022-25.

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Family business is the most ubiquitous form of business organization in any world economy. Behavior of family businesses is to some extent different than other types of business. The key problem and factor of family businesses is sustainability. Family businesses have many specific features -family firms tend to be more stable, accountable, and trustable on the one hand, but on the other hand, they must combine private and business life and deal with succession issues. Research on the sustainability of family businesses is relatively new, and there are three aspects - sustainability in this type of business has been defined as those concerns related to continuity, perseverance, the second aspect includes actions related to the transparency and values of the company, internal audits, respect for the environment, relationships with both suppliers and customers or consumers, and interaction with the community, all focused on strengthening the viability of the company and the third view focuses on financial stability and sustainable financial performance. We focused on three models – Altman Z-score, IN05 and Binkert´s model a analysed period before and after outbreak COVID-19 pandemic. We monitored how COVID-19 pandemic influenced financial stability of family businesses in selected sector – construction.
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Jean Claude, Ndibwirende. "Financing decisions and sustainability of family business in rwanda." In 2nd International Conference on Business, Management and Economics. acavent, 2019. http://dx.doi.org/10.33422/2nd.icbmeconf.2019.06.1030.

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Md Zaini, Syeliya. "Fostering Family Business Sustainability Strategies During Covid-19 Pandemic." In International Conference on Sustainable Practices, Development and Urbanisation. European Publisher, 2022. http://dx.doi.org/10.15405/epms.2022.10.69.

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Hidayah, Sofi. "Succession role of indigenous and non-indigenous family business in Indonesia to achieve business sustainability." In Proceedings of the 16th International Symposium on Management (INSYMA 2019). Paris, France: Atlantis Press, 2019. http://dx.doi.org/10.2991/insyma-19.2019.55.

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Del Baldo, Mara. "To the roots of CSR and sustainability: the “proximity” to the territory - The Italian family SMEs’ experience." In Annual International Conference on Business Strategy and Organizational Behaviour. Global Science and Technology Forum (GSTF), 2012. http://dx.doi.org/10.5176/2251-1970_bizstrategy19.

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Ullmann, Tai. "Sustainability opportunities in edible oils and fats supply chain." In 2022 AOCS Annual Meeting & Expo. American Oil Chemists' Society (AOCS), 2022. http://dx.doi.org/10.21748/doyk7304.

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At Cargill, our ambition is to build the most sustainable food supply chains in the world. From small family farms to global shipping lanes, Cargill works every day to implement new sustainable practices to reduce our impact on the planet and protect people. We know that we must address climate change and conserve water and forests, while meeting the rising demand for food. These are complex challenges, but we have overcome many obstacles to keep our food system resilient and we will continue. We feel a deep responsibility to protect the planet and its people, to ensure a cleaner, safer future for generations to come.We’ve set priorities that account for the diverse environmental, social and economic impacts of our business with clear goals to ensure progress in line with what the science says is needed to keep our people and planet thriving:· Climate: reduce greenhouse gas emissions in our operations by 10% by 2025 and reduce emissions in our supply chain by 30% per ton of product sold by 2030.· Land: transform our agricultural supply chains to be deforestation free by 2030· Water: achieve sustainable water management in our operations and all priority watersheds· Human Rights: promote and respect human rights as outlined in the Universal Declaration of Human Rights and improve the livelihoods of 10 million farmers by 2030 through training insustainable agriculture practices and better access to marketsOur global edible oil solutions are a key part of this ambition. From our new RegenConnect program for soybean oil to our RSPO Segregated palm oil products, we continue to drive sustainability progress against our priorities. But, we cannot do this alone. Through connection and collaboration with farmers, our customers, and global and local communities, we believe our food system will remain resilient.
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Csapody, Bence, Katalin Ásványi, and Melinda Jászberényi. "SUSTAINABLE BEST PRACTICES OF EUROPEAN CULINARY FESTIVALS." In Tourism in Southern and Eastern Europe 2021: ToSEE – Smart, Experience, Excellence & ToFEEL – Feelings, Excitement, Education, Leisure. University of Rijeka, Faculty of Tourism and Hospitality Management, 2021. http://dx.doi.org/10.20867/tosee.06.11.

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Purpose – The COVID-19 pandemic has a major impact on the operation of hospitality establishments today. Conscious entrepreneurs have exploited this critical situation to carry out self-revision and examined the opportunities to open towards new models. But what is the situation with culinary events? The period of recovery after a crisis often shifts in a new direction of operation such as the emergence of sustainable approaches in gastronomy and tourism. In order to showcase exemplary methods, our main research question is “what sustainable practices are applied in European culinary festivals”? Methodology – The following study is primarily based on the identification of best practices from European gastronomic festivals. Using benchmarking methodology is a complex, systematic process including the creation of new standards in order to provide ideas for event organizers to make their festivals more sustainable. Findings – The results were allocated within four dimensions (ingredients and food served; organization; communication and programs; local communities and culture), assigning each practice to specific aspects by dimension. Based on the results, we can state that “local thinking” appears across the dimensions in exemplary practices, regarding the culture of settlements hosting the festivals as well as the procurement of ingredients. Moreover, in connection with the social pillar of sustainability, while promoting local family businesses, the transfer and preservation of local culture by the festivals must also play a key role. Contribution – We were seeking functional implementation ideas that can help strengthen sustainable gastronomic tourism in the post-crisis recovery period. Our goal is to detect and showcase these examples and raise the awareness of event organizers.
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