Éxito y tipología de la empresa familiarimplicaciones

Abstract

Family businesses are numerous, their heterogeneity shows a multiple objectives. Success is achieved when the goals are met; when they differ between companies, the measure of success will be different. Few types have been focused on the beliefs of the family business, crucial to study the success of family companies. This reason leads us to propose a own typology that is useful for the study of success, combining four dimensions: ownership, management, continuity and priority objectives It allows us to classify the companies in pure, professionalized and mixed. Regarding the definition of success, we start with a broad model of success based on ten dimensions: perception of the environment, corporate identity, background of human resources, type of strategy, strategic implementation, governance structure, special intangible capital for family businesses, networking, organizational resilience and risk profile. After making an empirical analysis of more than a hundred companies, we conclude that the general equation of success can particularized by types of companies: pure family firms give more importance to the items related to the family success than the business success, the opposite occurs in professionalized family businesses.