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MN3495K A1

Published on Nov 18, 2015

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PRESENTATION OUTLINE

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Photo by Kent Wang

ADVANTAGES OF FAMILY FIRMS

  • Flexible work practices
  • Patient capital
  • Higher motivation
  • Relationship building

PERFORMANCE?

HOW DO WE IDENTIFY, MEASURE & LINK SUCH CHARACTERISTICS TO

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FAMILINESS

WE NEED TO KNOW WHO

NOW THAT WE KNOW WHAT AND HOW

FAMILINESS AS A CONCEPT

  • Involvement of family
  • Differences among families
  • Creation of internal resources

WHO ARE THE FAMILIES THAT CAN CREATE SUCCESS?

TRANSACTION COST ECONOMIC THEORY

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WHY?

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Transaction as unit of analysis

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MEET THE HENOKIENS

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ROADBLOCKS

HOW DO THEY NAVIGATE THEM?
Photo by Zahlm

"The single most important factor facing Asian family businesses is the issue of succession,” - Morten Bennedsen, professor of family enterprise at INSEAD