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Edited by Panikklos Zata Poutziouris, Kosmas X. Smyrnios and Sabine B. Klein
Chapter 5: The Family’s Dynamic Role within Family Business Entrepreneurship
5 The family’s dynamic role within family business entrepreneurship Ramona K.Z. Heck, Sharon M. Danes, Margaret A. Fitzgerald, George W. Haynes, Cynthia R. Jasper, Holly L. Schrank, Kathryn Staﬀord and Mary Winter This chapter oﬀers a conceptual and analytical review of the Sustainable Family Business Model (Staﬀord et al., 1999). The SFB Model is a comprehensive and ﬂexible model that enhances the understanding of the dynamic role of family within family business entrepreneurship through its systems orientation. It explores the entrepreneurship of the business within the social context of the family. Unlike many other models that take an individual approach to the study of the family business, it emphasizes the overlap of the family and business systems while recognizing the unique characteristics of each of the systems. The chapter presents the theoretical perspective and major premises of the SFB Model of family business. One of the features of the model is its recognition that processes diﬀer in times of stability versus times of change; it includes the Family Fundamental Relationship Orientation Model (FIRO Model) as a working model that explicates the reconstruction that is needed during times of changes for family businesses to remain resilient and, thus, sustainable over time. The chapter oﬀers speciﬁc illuminations of the SFB Model’s major components/concepts. The methodological issues of the 1997/2000 National Family Business Surveys (1997/2000 NFBSs) are discussed relative to their comparative advantage for studying the owning family and its business. The chapter oﬀers an analytical...
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