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Decision making. --- Decision making --- #BIBC:ruil --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Carlsson, C. --- Carlsson, Christer,

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Firms and enterprises

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Family-owned and managed firms are often beset by a variety of crises that can impact the firm’s very survival. These may include changes in technology, deaths of critical family members, competition within an industrial sector, shifts in market dynamics and product mixes, economic turmoil, political upheaval and revolution, firm growth, succession, and selecting new firm leadership.  Such crises may be internal to the firm or a function of the external environment, and several may occur simultaneously; all of them contribute to a context of uncertainty, risk, and change, presenting particular challenges that are unique to family-owned businesses. This volume presents eight in-depth case studies of family-owned firms that represent a variety of industries and situations.  Each case explores the dynamics of managing in chaotic environments and how family leadership responded to crises.  Lessons learned from these experiences will help readers understand how to solve problems under conditions of uncertainty and how to avoid failure, when the survival of the firm is at stake.  Featuring questions and learning notes designed to engage the reader directly, this volume will be a valuable resources for students and members of entrepreneurial and family-owned firms, as well as consultants, investors, and other professional advisors. .

Family-owned business enterprises -- Management -- Case studies. --- Family-owned business enterprises -- Management. --- Industrial management. --- Family-owned business enterprises --- Business & Economics --- Management --- Economic Theory --- Management Styles & Communication --- Family-owned business enterprises. --- Management science. --- Quantitative business analysis --- Business enterprises, Family-owned --- Family business --- Family businesses --- Family enterprises --- Family firms --- Business. --- Management. --- Business and Management. --- Family Business. --- Business enterprises --- Problem solving --- Operations research --- Statistical decision --- Family-owned business enterprise. --- Administration --- Industrial relations --- Organization

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Why do some people start business and others do not? Is entrepreneurship a natural quality or can it be taught? Do entrepreneurs think differently from others? While there is a great deal of literature exploring the dynamics of new firm creation, policies to promote innovation and technology transfer, and the psychology of creativity, research on entrepreneurial mindset or cognition is relatively new, and draws largely from such related fields as organizational behavior, cognitive and social psychology, career development, and consumer research. Over the past fifteen years, the initial model, the theory of reasoned action (TRA), and its successor, known as the theory of planned behavior (TPB), have successfully been applied to entrepreneurship. However, recent findings suggest that considerably more research is required to understand the role of intentions in the entrepreneurial decision process. In this volume, editors Carsrud and Brännback have assembled the most prominent researchers in entrepreneurial psychology to showcase state-of-the-art insights on its many dimensions. Covering such topics as perceptions, motivations, risk, passion, and opportunity recognition, and featuring both quantitative empirical studies and qualitative case examples, Understanding the Entrepreneurial Mind challenges conventional approaches to entrepreneurial behavior and establishes a research agenda for the future.

Entrepreneurs --Psychology. --- Entrepreneurship --Psychological aspects. --- Entrepreneurship --- Businesspeople --- Economic Theory --- Business & Economics --- Psychological aspects --- Psychology --- Psychology. --- Psychological aspects. --- Business people --- Business persons --- Businesspersons --- Entrepreneurs --- Business. --- Entrepreneurship. --- Business and Management. --- Professional employees --- Entrepreneur --- Intrapreneur --- Capitalism --- Business incubators

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Many of the challenges faced by family-owned businesses develop after the firm has reached a stage of maturity, when the first generation is faced with issues concerning the role of their children in the business and the long-term future of the enterprise.  This collection of case studies from around the world demonstrates  how governance of both the business and the family (or lack thereof)  impacts succession of leadership in the firm and the inheritance of ownership and wealth. It is the role of governance and how it impacts both family and firm that link these family business cases together with succession and inheritance.  These topics have been clustered together because the social systems of the family and the management system of the firm have significant impacts on the success, or failure, of succession plans.  All the planning in the world for succession and inheritance will not succeed if the firm does not have a well established and functional governance system.  Likewise, if the family does not understand its role in the governance of the firm and the mechanisms for making sound decisions, succession choices may not be accepted by family members.  Most family firms fail because of succession issues, not economic ones. This volume features nine in-depth cases of family-owned business from a variety of industries to illuminate the dynamics of governance, succession, and inheritance.  Each case illustrates the complexity of issues and, through interactive exercises and questions, offers readers approaches to solutions, which may include less-than-optimal compromises or even selling the business as the only viable option.    The examples and insights will prove valuable for students and members of entrepreneurial and family-owned firms, as well as consultants, investors, and other professional advisors. .

Family-owned business enterprises -- Case studies. --- Family-owned business enterprises -- Management -- Case studies. --- Family-owned business enterprises -- Succession -- Case studies. --- Family-owned business enterprises --- Inheritance and succession --- Business & Economics --- Management --- Management Styles & Communication --- Economic Theory --- Succession --- Family-owned business enterprises. --- Inheritance and succession. --- Succession. --- Bequests --- Descent and distribution --- Descents --- Hereditary succession --- Intestacy --- Intestate succession --- Law of succession --- Succession, Intestate --- Family business succession --- Succession, Family business --- Business enterprises, Family-owned --- Family business --- Family businesses --- Family enterprises --- Family firms --- Law and legislation --- Business. --- Entrepreneurship. --- Management. --- Business and Management. --- Real property --- Universal succession --- Trusts and trustees --- Business enterprises --- Entrepreneur --- Intrapreneur --- Capitalism --- Business incubators --- Administration --- Industrial relations --- Organization