Orchestration to improve the performance and sustainability of family companies
AbstractThe purpose of this study is to identify the efforts made by family businesses to develop knowledge resources in order to improve innovative performance and market adaptability. This study employs a single case study exploratory design, with “indepth interviews” conducted with 9 participants...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2023-12-01
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Series: | Cogent Business & Management |
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Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2023.2176283 |
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author | Sri Gunawan Sugiarto Koentjoro |
author_facet | Sri Gunawan Sugiarto Koentjoro |
author_sort | Sri Gunawan |
collection | DOAJ |
description | AbstractThe purpose of this study is to identify the efforts made by family businesses to develop knowledge resources in order to improve innovative performance and market adaptability. This study employs a single case study exploratory design, with “indepth interviews” conducted with 9 participants from three companies in one group in Indonesia. The findings revealed a process of developing human and social capital resources to expand the company’s knowledge resources. Other findings identified the critical processes of empowerment and authority coordination. It was used to establish a family business that encourages generational involvement and is capable of supporting the process of increasing knowledge resources. It was used to establish a family business that encourages generational involvement and is capable of supporting the process of increasing knowledge resources. Furthermore, this research can be a foundation for encouraging resource orchestration in family businesses to increase sustainability. It is one of the studies that integrate resource orchestration theory with management knowledge and explains the importance of creating a conducive family business for sustainability due to generational involvement. |
first_indexed | 2024-03-12T21:19:46Z |
format | Article |
id | doaj.art-7fc3be47a66940c5a184b5a2c51215cd |
institution | Directory Open Access Journal |
issn | 2331-1975 |
language | English |
last_indexed | 2024-03-12T21:19:46Z |
publishDate | 2023-12-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Cogent Business & Management |
spelling | doaj.art-7fc3be47a66940c5a184b5a2c51215cd2023-07-28T20:55:16ZengTaylor & Francis GroupCogent Business & Management2331-19752023-12-0110110.1080/23311975.2023.2176283Orchestration to improve the performance and sustainability of family companiesSri Gunawan0Sugiarto Koentjoro1Faculty of Business & Economics, Universitas Airlangga, Surabaya, IndonesiaPT. Prima KaryaKontrindo, Surabaya, IndonesiaAbstractThe purpose of this study is to identify the efforts made by family businesses to develop knowledge resources in order to improve innovative performance and market adaptability. This study employs a single case study exploratory design, with “indepth interviews” conducted with 9 participants from three companies in one group in Indonesia. The findings revealed a process of developing human and social capital resources to expand the company’s knowledge resources. Other findings identified the critical processes of empowerment and authority coordination. It was used to establish a family business that encourages generational involvement and is capable of supporting the process of increasing knowledge resources. It was used to establish a family business that encourages generational involvement and is capable of supporting the process of increasing knowledge resources. Furthermore, this research can be a foundation for encouraging resource orchestration in family businesses to increase sustainability. It is one of the studies that integrate resource orchestration theory with management knowledge and explains the importance of creating a conducive family business for sustainability due to generational involvement.https://www.tandfonline.com/doi/10.1080/23311975.2023.2176283Family companymanaging conflictmanaging knowledgeresource orchestrationcorporate sustainabilitycorporate strategy |
spellingShingle | Sri Gunawan Sugiarto Koentjoro Orchestration to improve the performance and sustainability of family companies Cogent Business & Management Family company managing conflict managing knowledge resource orchestration corporate sustainability corporate strategy |
title | Orchestration to improve the performance and sustainability of family companies |
title_full | Orchestration to improve the performance and sustainability of family companies |
title_fullStr | Orchestration to improve the performance and sustainability of family companies |
title_full_unstemmed | Orchestration to improve the performance and sustainability of family companies |
title_short | Orchestration to improve the performance and sustainability of family companies |
title_sort | orchestration to improve the performance and sustainability of family companies |
topic | Family company managing conflict managing knowledge resource orchestration corporate sustainability corporate strategy |
url | https://www.tandfonline.com/doi/10.1080/23311975.2023.2176283 |
work_keys_str_mv | AT srigunawan orchestrationtoimprovetheperformanceandsustainabilityoffamilycompanies AT sugiartokoentjoro orchestrationtoimprovetheperformanceandsustainabilityoffamilycompanies |