Family Business Dynamics

Family Business Dynamics

A Role and Identity Based Perspective

Annika Hall

This engaging book reveals how and why family relations influence the dynamics of family owned businesses. The author examines the relevance of role and identity to the strategic development and the succession process of family businesses. She explores the individual and organisational implications of these roles and identities at different stages in the family and business life cycles.


Annika Hall

Subjects: business and management, family business, organisation studies


1. Of course the influence of family can also differ. All families are not the same, and so they influence their businesses differently. In addition, the meaning of family differs depending on context. A Swedish family might be different from an Italian, which in turn might be different from a Japanese or Cameroonian family. For instance, these countries could be expected to differ in terms of whether they tend to be more individualistic or more collectivistic (Hofstede, 1980), which, in turn, would likely have implications for how family would influence a business in the respective country. During the book the exit from the role as CEO is used as an example, but of course the challenges of role exit could be as high for other roles as well. For more information on Indiska, please visit www. The Swedish Industrial Development Agency. The business philosophy is summarised in ten ‘commandments’: concept, profile, natural material, education, quality, loyalty towards the customer, business history, focus on the individual, cost consciousness, and responsibility (Carlberg, 1995). The 2002 Swedish minister of finance. Recall that core identity refers to the ‘goals, values, beliefs, norms, interaction style and time horizons, that are typically associated with a role’ (Ashforth, 2001:6). 2. 3. 4. 5. 6. 7. 153 HALL 9781845428303 PRINT.indd 153 12/06/2012 15:19

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