Showing 1 - 3 of 3
Purpose: The purpose of this paper is to develop the hitherto unexplored concept of strategic discipline. Design/methodology/approach: Three fairly iconic firms of the Germanic Mittelstand (ALDI, Stihl and Hipp) are examined. The meaning and relevance of strategic discipline is derived....
Persistent link: https://www.econbiz.de/10012073413
Purpose: This paper aims to explore hidden wellsprings of risk-taking in family firms. Design/methodology/approach: The high tolerance for risk shown repeatedly by the famous family firm Hipp of Germany is documented. Three major risk-taking episodes at Hipp are examined. Findings:...
Persistent link: https://www.econbiz.de/10012073444
Purpose: For firms that depend on personalized management as a key element of their competitive advantage, maintaining personalized management in the face of sustained growth presents a particular challenge. The purpose of this paper is to examine how firms in the Germanic Mittelstand have...
Persistent link: https://www.econbiz.de/10012540630