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Strategic SME Succession Planning : Enhancing Value & Wealth vis-à-vis Organizational Diagnosis

Flynn, Michael - 2019

Baby Boomers and other business owners are divesting their Small and Mid-Sized Enterprises (SME) for several reasons …, and strategic alliances possible, thus resulting in the continuation of an SME's past and current efforts. Only since 1991 … exit stakeholder find internal business assets that may be improved upon to maximize value and wealth for the SME, while …

Persistent link: https://www.econbiz.de/10012899910

Succession planning, strategic flexibility as predictors of business sustainability in family-owned SMEs : moderating role of organization improvisation

Ijaz Hussain Bokhari; Armanurah Binti Muhammad; Nazlina … - In: Pakistan journal of commerce and social sciences 14 (2020) 1, pp. 368-387

The objective of the current study is to test the impact of succession planning (cognitive, structural, and relational ties), strategic flexibility, and organizational improvisation towards the business sustainability considering the triple bottom line as underpinning theory. The survey method...

Persistent link: https://www.econbiz.de/10012210540

The success factors of family and non-family firms : similarities and differences

Zajkowski, Robert; Safin, Krzysztof; Stańczyk, Elżbieta - In: Entrepreneurial business and economics review : EBER 10 (2022) 3, pp. 51-72

Objective: The aim of this article is to identify whether there are similarities or differences between family and non-family firms in terms of the factors which contribute to business success. More specifically, comparison analyses were designed to isolate possible variations related to an...

Persistent link: https://www.econbiz.de/10014231490

The Importance of Planning for Succession in the Family Business Before It Is Too Late : A Case Study of a Small Manufacturing Firm

Johnson, Francisco W. - 2019

The family business discussed in this paper was founded in 1932 and had sustained growth during the first two decades of operation. It had transformed itself from a local to a national business and started to venture into international markets. The founder of the company had one daughter, an...

Persistent link: https://www.econbiz.de/10012861976

A Knowledge Framework for Understanding Small Family Business Succession Process

Bracci, Enrico - 2011

Business succession in family firms has been one of the most investigated topic through theoretical, empirical and anecdotal studies (Sharma, 2004). However, we argue that this bulk of literature seems to neglect the role of the most intangible source of competitive advantage of firms:...

Persistent link: https://www.econbiz.de/10014216186