Long-lived Family Businesses in Japan: Factors of Success PDF Download

Author: Sigrun C. Caspary
Publisher: V&R unipress
ISBN: 373701681X
Category :
Languages : en
Pages : 275

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Book Description
Japanese family businesses are among the oldest in the world and many of them prove a history record of 200 years and more. Research on several case studies of century old firms (‘shinise’) in Japan reveal three factors as secrets of their longevity: (1) the Japanese family system (‘ie’) favours the eldest son for succession; (2) the option for adopting a capable successor; (3) the inclusion of the relationships with employees, customers, and members of the local community into the strategic decision making. The analysis deals with the succession process in Japan compared to the WIFU Model of Succession in German family firms, and rounds off with perspectives on how to deal with the challenges the Japanese family businesses face regarding the recent changes in the Japanese society.

Author: Panikkos Poutziouris
Publisher: Edward Elgar Publishing
ISBN: 1781009384
Category : Business & Economics
Languages : en
Pages : 801

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Book Description
'This is a very business-like book in its approach. It has an impressive global reach in its authorship, focal areas and use of evidence; it hits all the major practical challenges of family firms in a spirit that is fresh and current; and it deals with the cutting-edge themes and issues that are uppermost in the minds of owners, executives, advisors and researchers in the field.' – Nigel Nicholson, London Business School, author, Managing the Human Animal, Family Wars and The 'I' of Leadership Acclaim for the first edition: 'The authors have taken a lot of pain in putting this handbook together. As the name indicates, this is an excellent handbook for researchers.' – Global Business Review 'The Handbook of Research on Family Business has collected and synthesized a broad variety of topics by notable researchers who share a common dedication to family business research. This Handbook provides a comprehensive treatment that advances the frontiers of knowledge in family business, provoking valuable thoughts and discussion. The Handbook will serve as both an authoritative and comprehensive reference work for researchers investigating family enterprises.' – A. Bakr Ibrahim, Concordia University, Montreal, Canada 'Although family business research is a young discipline it is both necessary and important. For the wellbeing and future development of our society the survival of prosperous and passionate family business entrepreneurs is indispensable. In order to help the families in business to better understand how to succeed with their enterprises we need qualified and updated research. This book is the answer!' – Hans-Jacob Bonnier, Bonnier Business Press Group, Sweden and 6th Generation Chairman of the Family Business Network – International 'This Handbook is a unique compilation of the most important and the best recent family business research. The field has grown so rapidly that this effort will be a mark for the research to follow. The Handbook of Research on Family Business will be the reference for scholars in family business for many years to come. It will also stimulate new ideas in research.' – John L. Ward, IMD, Switzerland and Northwestern University, US During the previous decade, the multi-disciplinary field of family business has advanced significantly in terms of advances in theory, development of sophisticated empirical instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. This second edition of the Handbook of Research on Family Business presents important research and conceptual developments across a broad range of topics. The contributors – notable researchers in the field – explore the frontiers of knowledge in family business entrepreneurship and stimulate critical thinking, enriching the repository of theoretical frameworks and methodologies. The Handbook takes a systematic and rigorous approach by providing in-depth insights into the dynamics of family business, its context and the significant role of stakeholders. Ultimately, this scholarly compendium of extant family business papers is an invaluable resource for researchers, educators, family business consultants, family business owner-managers and students.

Author: Sigrun C. Caspary
Publisher: V&R Unipress
ISBN: 9783847116813
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Japanese family businesses are among the oldest in the world and many of them prove a history record of 200 years and more. Research on several case studies of century old firms ('shinise') in Japan reveal three factors as secrets of their longevity: (1) the Japanese family system ('ie') which favours the succession of the eldest son in the headship of family and business, (2) the option for adopting a capable successor; (3) the inclusion of the relationships with employees, customers, and members of the local community into the strategic decision making. The first chapters shed light on historical milestones, religious beliefs and cultural aspects, and the Japanese family system which shaped the development of family business. Further analysis deals with the succession process in Japan compared to the WIFU Model of Succession in German family firms. The analysis rounds off with perspectives on how to deal with the challenges the Japanese family businesses face regarding the recent changes in the Japanese society.

Author: Ho-Don Yan
Publisher: Routledge
ISBN: 1000374645
Category : Business & Economics
Languages : en
Pages : 490

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Book Description
This companion provides broad and in-depth insights into family business in Asia and how Asian family firms navigate in the digital economy. The first part of the book looks at key concepts of family business while the second part presents Asian family firms’ cases from Japan, South Korea, China, Taiwan, Hong Kong, Thailand, Malaysia and other Asian economies. This comprehensive reference will help readers understand how family firms in Asia compete and survive in the world market especially in the digital age and why and how Asian economies can emerge as one of the most dynamic regions in the world.

Author: Carsten Herrmann-Pillath
Publisher: Taylor & Francis
ISBN: 104005109X
Category : Social Science
Languages : en
Pages : 263

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Book Description
This book considers ethical culture in East Asia, examines the impact it has had on economic and social transformation, and explores what effect it might have on solving current problems. It views the ethical culture of East Asia, that is, the beliefs, values, and practices that define East Asian societies’ conceptions of ethics in everyday life, as different from what pertains in the West, with more emphasis in East Asia on respect for ancestors, concern about propriety of behaviour, and notions of community. The book discusses how these particular East Asian values are being applied, for example, in family businesses, and how they might further be applied to solve current crucial challenges for humanity, such as climate change, ageing, and persistent inequality, challenges that are not being solved by an exclusive focus on economic growth alone. The book includes a consideration of ethical innovation, for example, distinct forms of ecological ethics enshrined in newly emerging economic organizations, such as social entrepreneurship.

Author: Aswath Damodaran
Publisher: Penguin Random House India Private Limited
ISBN: 9357087605
Category : Business & Economics
Languages : en
Pages : 572

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Book Description
To prepare for the future, our ancestors created the Naga sadhus—a clan of warriors for the protection of Dharma, as proclaimed by Adi Guru Shankaracharya in the eighth century. This sect of Shiva devotees has stood firm, living selflessly and fighting fearlessly. For centuries, they have died the death of heroes, serving and saving Dharma and the temples. In the year 1757, 111 Naga sadhus borrowed the majestic weapons of the idols of their gods. Fueled by their belief in Lord Shiva, they gathered an invincible courage to protect the temples of Gokul. They stood as an indestructible wall, led by Ajaa, a fearless Naga warrior, against the Afghan army of 4000 men, a cavalry of 200 horses and 100 camels, and 20 cannons. The brutal Afghan army was led by Sardar Khan, the most ruthless commander of Emperor Ahmed Shah Abdali, ill-famed for the demolition of temples and building a history of genocide in Bharat. The fight continues. This is the Naga warrior’s commitment to courage and determination. This is the clash of Shiva devotees against the devils that lie under men’s skin. This is the Battle of Gokul.

Author: Surja Datta
Publisher: Springer Nature
ISBN: 3031173546
Category : Business & Economics
Languages : en
Pages : 197

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Book Description
This book offers a fresh approach to strategy by examining the idea of Optionality. Optionality is the right, but not the obligation, to take an action. Built on historic military tactics, static engineering principles, and equilibrium-seeking economics, conventional strategic-thinking suffers some weaknesses, principal of which is its inability to deal with conditions of high uncertainty. This book begins by dividing the business landscape into three distinct domains; (1) Fragile, (2) Robust, and (3) Long-shot (FRL), which alert us to the context-specificity of strategy tools, before suggesting that theoretical lenses are required to understand and implement strategy in VUCA (Volatile, Uncertain, Complex, and Ambiguous) domains. The authors explore the concept and methodology of Optionality in order to demonstrate how it can be used in conjunction with existing strategy tools in order to achieve competitive success. It will be of great interest to academics and students of strategy and innovation.

Author: Makota Ohtsu
Publisher: Routledge
ISBN: 1317467744
Category : Business & Economics
Languages : en
Pages : 453

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Book Description
This book sheds new light on Japanese management and its social consequences. Since the collapse of the Japanese bubble economy, the once acclaimed Japanese-style management has been under serious criticism both inside and outside Japan, but this is not a new phenomenon: over the last 50 years, evaluation of Japan and Japanese management has fluctuated widely between extreme affirmation and extreme negation. This study is unique because it is a longitudinal analysis that covers 35 years it uses firsthand information from managers in major Japanese corporations; and by involving several of these managers in the research process the views of actual practitioners are made available.

Author: Josh Baron
Publisher: Harvard Business Press
ISBN: 1633699064
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.

Author: Arie de Geus
Publisher: Harvard Business Press
ISBN: 9781578518203
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
With a light touch and an interesting variety of examples, de Geus employs biological metaphors in order to analyze corporate management.