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Managing Business Family Dynasties
This book deals with dynastic business families. Such families are characterized by a circle of owners comprising more than 50 family members, which typically face specific issues and challenges for which there has been little research knowledge and practical approaches until now. The book presents results and findings from a special research project on “big family management” where 7 representatives of dynastic families from Germany were studied over a 3-year period. The result was the identification of six topic areas that management in these business families has to deal with. At the same time, the study observes that dynastic business families hardly follow the logic of classic families anymore, but can rather be understood as networks with common family backgrounds. The study also reveals that a large number of business families are heading for large shareholder groups due to changed inheritance practices. The contents outlined here provide an orientation framework for the growing business family.
The Two Sides of the Business Family
This book focuses on a central success factor for family businesses: maintaining the decision-making ability over generations while not jeopardizing the business due to family conflict, inefficient governance structures, or lack of identification. The authors identify that this is not as easy as the endeavor to bring two social systems together with contradicting logic (family and business) leads to many dangerous pitfalls. This book presents outcomes of a unique research project in which family managers of eleven of the oldest and largest German family businesses, at least the fourth generation, met for more than three years on a regular basis and presented the essence of their family gover...
Long-lived Family Businesses in Japan: Factors of Success
Japanese family businesses are among the oldest in the world and many of them prove a history record of 200 years and more. Research on several case studies of century old firms (‘shinise’) in Japan reveal three factors as secrets of their longevity: (1) the Japanese family system (‘ie’) favours the eldest son for succession; (2) the option for adopting a capable successor; (3) the inclusion of the relationships with employees, customers, and members of the local community into the strategic decision making. The analysis deals with the succession process in Japan compared to the WIFU Model of Succession in German family firms, and rounds off with perspectives on how to deal with the challenges the Japanese family businesses face regarding the recent changes in the Japanese society.
Family Firms and Business Families in Cross-Cultural Perspective
This edited volume provides an anthropological study of family businesses and business families. In previous research on family firms and business families, the comparative cross-cultural approach of anthropology has so far received little attention. As a result, family firms and business families are too often analyzed without considering cultural and kinship differences adequately. Similarly, although the topics of kinship and the economy are central to anthropological analysis, research on family firms and business families has been a marginal topic only that lacks in-depth discussions within anthropology. This volume breaks the mold by offering new empirical and theoretical insights into...
Annual Review of the Sociology of Religion. Volume 15 (2024)
This volume presents a comparative study on the pivotal role of religion in social transformation of Central and Eastern Europe (CEE) over the past three decades. Organized into four thematic sections, it examines divergent patterns of religiosity and non-religious worldviews, secularization, religious presence in public life, and processes of identity formation. Comparison across the countries in the CEE reveals the absence of uniform and synchronic dynamics in the region. The geopolitical and cultural heterogeneity, the need to understand post-1989 social processes in the context of a much longer historical development of the region, and the importance of incorporating religious factors — are central to all contributions in this volume. Contributors are: Mikhail Antonov, Olga Breskaya, Zsuzsanna Demeter-Karászi, Jan Kaňák, Alar Kilp, Zsófia Kocsis, Tobias Koellner, Valéria Markos, András Máté-Tóth, Jerry G. Pankhurst, Gabriella Pusztai, Ringo Ringvee, Ariane Sadjed, Marjan Smrke, Miroslav Tížik, David Václavík, Jan Váně, Marko Veković, and Siniša Zrinščak.
De Gruyter Handbook of Business Families
The management field increasingly recognizes that most firms in the world are family firms and that these entities operate differently from the non-family firms on which most of our current management theories are based. The De Gruyter Handbook of Business Families brings together work from leading academics who explore emerging research themes relevant to business families, particularly drawing in new insights from adjacent disciplines that can advance the family business field. The handbook challenges the traditional notion of the "single firm–single family" that has characterized most early research on family business. Recognizing that families may simultaneously own or control multiple...
Familienunternehmen erfolgreich sanieren
Krisen erkennen – Restrukturieren – Krisen überwinden Tiefe Einschnitte in die Organisation und strategische Neuausrichtung – auch Familienunternehmen sind in Krisensituationen zu dramatischen Schritten gezwungen. Doch hinzu kommt der Faktor Familie, der sich massiv auf die Sanierungsfähigkeit dieser Unternehmen auswirken kann. In diesem Werk, herausgegeben von Tom A. Rüsen, werden die Chancen und Risiken der Krisenbewältigung speziell für Familienunternehmen ausgelotet. Sie erfahren unter anderem,?welche Besonderheiten für Familienunternehmen allgemein und in überlebenskritischen Situationen gelten, - wie verschiedene Unternehmerfamilien mit Krisensituationen umgegangen sind und - wie Sie tragfähige Lösungsansätze für die Restrukturierung von Familienunternehmen in der Praxis entwickeln können. Vom Hausbank-Prinzip über Interim-Management und Coaching bis zu M&A-Transaktionen: Das Werk enthält wertvolle Gestaltungsvorschläge für Familienunternehmer, aber auch Krisenmanager und Sanierungsberater. Mit aufschlussreichen Erfahrungsberichten von Unternehmern, Krisenmanagern und Kapitalgebern!
Relationship Conflicts in Changing Business Families in India and Germany
Unternehmerfamilien erleben Konflikte, häufig bedingt durch die Existenz des Unternehmens und dessen Einfluss auf die Familienkommunikation. Diese Konflikte stellen eine Gefahr für die Fortführung des Unternehmens und den Familienfrieden dar. Unternehmerfamilien haben aber auch eine Geschichte und einen kulturellen Kontext – beides beeinflusst mutmaßlich sowohl das Konflikterleben als auch die Versuche, diese zu managen. In der vorliegenden Studie werden Konflikte in indischen und deutschen Unternehmerfamilien verglichen, immer mit einer historischen und kulturellen Perspektive. Der direkte Vergleich dieser historisch bedingt sehr unterschiedlichen Familien bietet Familien aus beiden Ländern die Möglichkeit, bekannte und neue Konfliktumgangsmethoden zu reflektieren.
