April 10, 2012
“The best way to get approval is not to need it.”
The Second Generation in a Family Business: An Agent of Change or Continuator of Family Tradition?
The following paper was written by Izabela Koladkiewicz of Kozminski University and was presented at the 2012 Small Business Institute National Conference.
The objective of this paper is identification of the role of the first and second generation in the process of internationalization of a family business active in the SME sector in Poland. The research method used was the case study. A total of six case studies were developed that demonstrate the experiences of Polish exporters—family companies in the SME sector. Analysis of the developed case studies indicates that it was the first generation that was responsible for making decision and undertaking operations in the first phase. With time, that generation kept only decision–related responsibilities. The second generation tends to continue tradition rather than being an agent of change.
Major expansion in worldwide interest among researchers in family businesses occurred in the nineteen–nineties. This growth with each successive year can be seen in the number of research studies conducted on such companies. Study results appeared in renowned journals and were presented at conferences. (Sharma P., 2004, p. 1). The basis behind such interest lies in the noting of the weight and importance of this type of organization in the national economy. They are dominant among the population of economic entities in many countries—the United States, Japan, and Great Britain, for example (Sharma P., 2004, p. 3, Astrachan J. H. and Shaker M. C., 2006, Goto T., 2006, O’Sullivan M. and Koutsoukis A., 2008).
Analysis of world research demonstrates that questions involving succession (22% of the analyzed pool of 190 articles from the years 1996–2003), company economic results (15%), corporate governance (10%), resources, competitive advantage, and conflicts (6% each), goal and strategy formulation (5%), entrepreneurship and innovation (5%), culture (5%), internationalization (3%), and the rofessionalization of family businesses (2%) are examined most frequently with respect to family businesses (Chrisman, et al., 2003, in Zahra S. A. and Sharma P., 2004, p. 334).
A successive analysis of world research on family businesses conducted in 2010 by J. H. Astrachan (2010) confirms the growing interest in the above perspectives among inquiry by contemporary researchers. However, it should be stressed that in spite of increasing efforts observed in the exploration of the research field encompassing family businesses, the studies continue to be segmental in character in terms of both examined research problems and received results (Zahra S. A. and Sharma P., 2004, p. 333).
TIP OF THE WEEK
The Pros and Cons of Going Green
Although the advantages of environmental awareness are regularly extolled in the media, some retailers remain skeptical. Before listing the negatives, we summarize the positives as follows:
• A positive image is established by those embracing the various manifestations of “green.” Consumers in ever-growing numbers are reacting positively to environmentally committed merchants through loyalty and regular patronization.
• Some of the kinks, as in new eco-sound environment design, have not yet been worked out.
Although from every indication the green concept is on an upturn, it is still too early to proclaim its success for retailers.
We have seen that the green movement is gaining momentum with retailers and the industries that service them. Although many of the larger merchants have departments that study environmental advancements, others do not. Smaller retailers can still obtain valuable information on the topic by logging on to Web sites that offer advice on everything from energy efficiency to eco-friendly products. Some of these are governmental or nonprofit sites, while others are for-profit resources.
Governmental and Nonprofit Web Sites
• The U.S. Department of Energy Green Power Network (www.eere.energy.gov/greenpower) offers information about green power providers, products of a green nature, issues that provide protection to the consumer, and the policies that affect green power markets. It is operated by the National Renewable Energy Laboratory of the U.S. Department of Energy.
• Fabulously Green (http://fabgreen.com) tracks the latest trends, styles, and products in eco-friendly fashion and accessories.
The resources listed her constitute only a fraction of what is available on eco-friendly matters. Using an Internet search engine and entering such key words as “eco-friendly,” “environmentalism,” or “saving the environment” will yield a wealth of other Web sites for further exploration.
2012 marks a special year for NASBITE International who has been assisting trade professionals, educators, and government in bridging the gap in trade education and promotion for 25 years! Portland, Oregon, “The City of Roses” will be a memorable location. As the second largest city in the Pacific Northwest, it is known for its scenic beauty, sustainable business focus, and lively music scene. The conference will be held at the Nines Hotel. Rooms are still available at the Nines on April 20 and 21. For more information, click here.
ICSB 2012 Public Agencies Forum
How can government bodies – such as policy departments, advisory services, regulators and service agencies – develop the most effective means of engagement, communication and information sharing with small businesses?
The Forum will explore the many differentways that agencies have done this, using international examples from across the world and to also share the findings of research activities which can shed some light on how such engagement mightbe more effectively tailored in future.
The event will be held in conjuction with the ICSB 2012 conference June 14th in Wellington Town Hall, New Zealand. For more information, click here.
Southern Management Association
It’s time to start planning for the Southern Management Association’s 2012 Annual Meeting. The SMA meeting will take place October 30-November 3, 2012 in Fort Lauderdale, Florida. The meeting will be held at the Westin Beach Resort and Spa. The hotel’s waterfront location offers access to miles of beautiful white beaches, but is also close to shops, entertainment, and business centers. For more information, click here.
Flip the Switch Workshop
Are you frustrated with technology distractions in the classroom? On June 1st in Philadelphia, PA we’ll show how to hijack these distracting mobile devices to engage with students at a deeper level and bring them back into the learning conversation. For more information, click here.
International Council for Small Business will be holding its International World Conference during June 10-13, 2012 in Wellington, New Zealand. For more information, click here.
CALLS FOR PAPERS
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Small Business Advancement National Center - University of Central Arkansas