Patterns in strategy formation in a family firm

A. Ibrahim; J. McGuire; Khaled Soufani; P. Poutziouris

doi:10.1108/13552550410521416

Patterns in strategy formation in a family firm

A. Ibrahim, J. McGuire, Khaled Soufani, P. Poutziouris

University of Brighton

Research output: Contribution to journal › Article › peer-review

Abstract

Abstract: Despite the fact that about 90 percent of all the businesses in the US and Canada are family-owned and operated, very little research has been undertaken on how strategy is shaped in family businesses. This paper tracks strategy in two family firms since their inception to their present third generation management, to investigate the unique factors influencing strategy in family businesses. The paper accentuates issues relating to the intensive grooming process and the involvement of the different family and non-family members in the strategic decision making processes of the family business.

Original language	English
Pages (from-to)	127-140
Number of pages	14
Journal	International Journal of Entrepreneurial Behaviour & Research
Volume	10
Issue number	1/2
DOIs	https://doi.org/10.1108/13552550410521416
Publication status	Published - 2004

Keywords

Family firms
Strategic change
Succession planning

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Cite this

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title = "Patterns in strategy formation in a family firm",

abstract = "Abstract: Despite the fact that about 90 percent of all the businesses in the US and Canada are family-owned and operated, very little research has been undertaken on how strategy is shaped in family businesses. This paper tracks strategy in two family firms since their inception to their present third generation management, to investigate the unique factors influencing strategy in family businesses. The paper accentuates issues relating to the intensive grooming process and the involvement of the different family and non-family members in the strategic decision making processes of the family business.",

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KW - Succession planning

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Patterns in strategy formation in a family firm

Abstract

Keywords

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