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1 – 6 of 6Isabel C. Botero, Ascensión Barroso Martínez, Galván Sanguino and Juliana Binhote
The purpose of this study was to understand how the family system plays a role in knowledge sharing (KS) within family firms. The authors argue that the family’s influence can…
Abstract
Purpose
The purpose of this study was to understand how the family system plays a role in knowledge sharing (KS) within family firms. The authors argue that the family’s influence can occur through two routes. An external route in which the family affects the culture of the organization and through an internal route in which family leadership within the firm affects the practices and behaviors within the business.
Design/methodology/approach
Data for this project came from the survey responses of 93 Spanish family firms.
Findings
The findings expand previous understanding about KS in family firms by outlining the two routes through which the family can have positive effect on KS within family firms. Results show that family system characteristics (i.e. next-generation commitment, family trust and intergenerational relationships) affect KS through their impact on the participative culture of a family firm. Additionally, when a family has been in control of the business for more generations, they place higher importance on family legacy and continuity, which is likely to strengthen the relationship between participative culture and KS in family firms.
Originality/value
Given the important role that the family system plays within the family business, this paper explored how family characteristics can influence KS in family firms. The authors contribute to the literature by highlighting the importance that the owning family can have in creating an environment that can facilitate KS in family firms.
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Myriam Cano-Rubio, Ascension Barroso, Ramón Sanguino, Alfredo Valentino, Andrea Calabrò and Rodrigo Basco
By investigating the reactions of family businesses to COVID-19 pandemic this article aims to explaining how family firms are capable to preserve employment during hardship.
Abstract
Purpose
By investigating the reactions of family businesses to COVID-19 pandemic this article aims to explaining how family firms are capable to preserve employment during hardship.
Design/methodology/approach
Stemming from resource-based-view, we theorise that familiness is not directly associated with new hiring but instead fully mediated by pivoting strategic decisions (the propensity to transform the business).
Findings
Our findings show that familiness triggers pivoting strategic decisions and consequently increases the likelihood of new hiring. Additionally, we found that the involvement of multiple generations strengthens this relationship.
Practical implications
Family firms must consolidate their family human and social resources (familiness) and assure the presence of multiple generations in the firm because they can leverage their entrepreneurial disposition and increase the need to preserve employment and new hires during crises.
Originality/value
The main contribution lies in the explanation of the mechanisms that family firms deploy to overcome a crisis and thus explains why some family firms are more resilient than others in relation to firm’s employment during hardship.
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Tomás M. Bañegil Palacios, Ascensión Barroso Martínez and Juan Luis Tato Jiménez
Given the relevance of family businesses and the substantial weight that they carry within the socio‐economic make‐up of any country, this paper consists of the analysis of family…
Abstract
Purpose
Given the relevance of family businesses and the substantial weight that they carry within the socio‐economic make‐up of any country, this paper consists of the analysis of family firms to explore whether there are any differences between companies which grow at a faster rate than the family and those in which the family grows at a greater rate than the company, in terms of their process of succession and the professionalisation of the people involved and the methods of management. The purpose of this paper is to differentiate between different groups of family businesses through a set of independent variables.
Design/methodology/approach
The paper opted for discriminant analysis as an appropriate statistical tool, since it allowed the assigning of an individual to a pre‐defined group (dependent variable) on the basis of a number of characteristics (independent variables). A total of 180 family businesses were analysed.
Findings
The results of the study show that significant differences exist between family firms where the family grows more than the company and those where the company grows more than the family. Each group has a different vision. The former is more oriented towards meeting their family needs through the company, whereas the latter is more oriented towards business and professional efficiency.
Research limitations/implications
One of the limitations arises from the fact that the question concerning the rate of growth of the company and the family is a “self‐reported” question that can lead to bias due to the subjective perception of growth. Other limitations arise from the cross‐cutting and exploratory nature of the research.
Originality/value
This paper analyses the differences between family firms where the family grows more than the company and those where the company grows more than the family.
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Piyal Sarkar, Mohamed Wahab Mohamed Ismail and Timur Tkachev
In light of the COVID-19 pandemic, all business sectors have critical needs. They face multiple challenges to restructuring their operations to build a resilient, cost-effective…
Abstract
Purpose
In light of the COVID-19 pandemic, all business sectors have critical needs. They face multiple challenges to restructuring their operations to build a resilient, cost-effective and sustainable supply chain. Therefore, this paper aims to investigate the practice and the research gaps related to supply chains.
Design/methodology/approach
This research paper is influenced by a literature review of the past decade. This review paper incorporates industry challenges of the COVID-19 pandemic, including future steps toward developing resilient supply chains in the new normal economy. The research provides a detailed framework for designing cost-effective survivable supply chains that withstand disruptions for the long term.
Findings
The proposed research focuses on the effects of the COVID-19 pandemic on supply chains and attempts to bridge pre and post COVID-19 research and practice gaps. Post-COVID-19 resilient supply chains need to be transformed into survivable supply chains. The survivability of the supply chain can be achieved by combining both supply chain resilience and supply chain viability measures. To the best of the authors’ belief, this is the first study that grounds a theory to provide interconnection of five critical supply chain concepts to manage supply chain risk. This study is uniquely positioned to develop a theoretical framework to design a cost-effective, resilient and sustainable supply chain by establishing the interconnection among these concepts in supply chains. This framework helps practitioners to implement the key strategies at the operational, tactical and strategic levels that enhance maturity in supply chains.
Research limitations/implications
The research findings are based on secondary reports such as industry reports, cases, research papers and expert opinions. The authors tried to consult with many companies. However, they were reluctant to share the recovery plan information from COVID. Also, as COVID still exists in many places in Canada, the authors could not gather every intended information from the companies. However, the authors have successfully shared the outcomes of this research with a reputed retail company in Canada. They recognized the importance of survivability in supply chains. Going forward, business organizations need to design cost-effective, sustainable and survivable supply chains.
Originality/value
The study attempts to unify current research dealing with supply chain resilience. The study concludes with the limitations of the current research. It highlights the prospects of future research and bridges the supply chain practice gaps from the challenges faced by industries due to COVID-19. The study contributes to the literature by identifying gaps to bridge the supply chain practice and reiterating new research directions to develop a cost-effective, survivable and sustainable supply chain.
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The outlook for state-level elections.
Details
DOI: 10.1108/OXAN-DB198404
ISSN: 2633-304X
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Geographic
Topical
Muhammad Saad Amjad, Muhammad Zeeshan Rafique and Mohammad Aamir Khan
In the modern manufacturing environment, it is imperative to apply the manufacturing concepts of lean, agile, resilient and green, collectively known as LARG manufacturing, to…
Abstract
Purpose
In the modern manufacturing environment, it is imperative to apply the manufacturing concepts of lean, agile, resilient and green, collectively known as LARG manufacturing, to achieve excellence in which lean manufacturing eliminates wastes; agile manufacturing makes processes fast, efficient and flexible; resilient paradigm deals with countering the uncertainty while green manufacturing improves environmental performance. The objective of this study is to develop an integration framework that synergizes LARG manufacturing with Industry 4.0.
Design/methodology/approach
Through a literature review, the authors have explored the possibility of collaboration between constituents of lean, agile, resilient and green manufacturing with the facets of Industry 4.0.
Findings
The authors have developed a comprehensive integration framework that has been divided into 11 phases and 31 steps in which the various Industry 4.0 facets have supplemented the lean, agile, resilient and green paradigms.
Practical implications
This investigation and adoption of technologically intensive automation shall provide clarity to practitioners regarding the synergy of LARG manufacturing & Industry 4.0, so that fast and efficient manufacturing processes can be achieved.
Originality/value
The framework provides detailed insight towards implementation of LARG practices in a manufacturing organization in coalescence with Industry 4.0 practices.
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