Detailansicht
The world's oldest family businesses are very successful in terms of longevity and resilience, but most are still competing effectively today despite rapid change
eBook - From the analysis of their websites discuss the reasons for their long-lived success.
ISBN/EAN: 9783656292647
Umbreit-Nr.: 6413230
Sprache:
Englisch
Umfang: 15 S., 0.38 MB
Format in cm:
Einband:
Keine Angabe
Erschienen am 18.10.2012
Auflage: 1/2012
E-Book
Format: EPUB
DRM: Nicht vorhanden
- Zusatztext
- Essay from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Edinburgh (Business School ), language: English, abstract: The reasons of the successful longevity of many family businesses compared to the short life span of others are not far different from the reasons that glue together family members in a tied long-term relationship. In fact, especially after some generations, when the numbers of members would grow, blood linkages are not enough to guarantee the continuity of the relationship among family members. What makes family relationship last longer are shared values and sense of belonging. In our analysis of three well-established companies, Arco, Musgrave group and Berry Bro& Rudd Limited, we noticed that also family companies longevity secret lies in these same principles that maintain together family members through different generations. Adopting family values and extending them to the company culture will determine the long-term survival of family relationship with the business. In the three companies we examined the internal understanding of familys values appear to define the entire organizations behaviours.
- Kurztext
- Essay from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Edinburgh (Business School ), language: English, abstract: The reasons of the successful longevity of many family businesses compared to the short life span of others are not far different from the reasons that glue ...
- Autorenportrait
- Alexander Schmithausen completed his studies after graduating in Economics and Business Administration in the Netherlands, Germany, South Korea (SKK GSB), USA (Stanford) and the UK (LSE). In 2012, he received a master's degree from the University of Edinburgh in Scotland. In addition, Schmithausen titled FInstAM, Fellow of the Institute of Administration Management Award in London.He worked as a legal assistant for a securities trading bank and founded his own consulting firm.Since 2013 ...