دانلود رایگان مقاله مدل نظری مدیریت استراتژیک شرکت خانوادگی

Abstract

A key issue of family firms’ strategic management is to determine the factors that are specific to family firms. Despite theoretical and empirical progress in understanding the mechanisms behind strategic decision making in family firms, there is still no strategic management theory for family firms. To address this gap, we adapt the dynamic capabilities approach to family firms by developing a theoretical model that attempts to serve as a framework for helping family firms in the strategic decision making process. The model is based on the concept of familiness and family learning mechanisms (knowledge accumulation, integration, codification and socioemotional wealth preservation) suggesting that the interplay of the two impacts on the efficient strategic management of family firms. Theoretical and practical implications are discussed.

5. Discussion and conclusions

This article seeks to explore the specificities of strategic management in the family firm from a dynamic perspective. Specifically, we attempt to assess the effect of the involvement and essence of the family in the family firm on family learning mechanisms. In line with the arguments of Astrachan (2010), our study seeks to improve our understanding of the antecedents of resource and capability creation as well as the effects of family dynamics on strategic decision making. Applying the logic of dynamic capabilities to the strategic management of the family firm, we identify the family learning mechanisms: knowledge accumulation, integration and codification, and finally, preservation of SEW. These mechanisms interact with familiness. Family learning mechanisms influence the evolution of familiness and are a precondition for the firm’s strategic management (Teece, 2007). Family learning mechanisms and their interaction with involvement, together with the family’s influence over the firm, are thus antecedents of strategic management in the family firm