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Patterns in strategy formation in a family firm

A.B. Ibrahim (John Molson School of Business, Concordia University, Montreal, Canada)
J. McGuire (John Molson School of Business, Concordia University, Montreal, Canada)
K. Soufani (John Molson School of Business, Concordia University, Montreal, Canada)
P. Poutziouris (Manchester Science Enterprise Centre, UMIST, University of Manchester, Manchester, UK)

International Journal of Entrepreneurial Behavior & Research

ISSN: 1355-2554

Article publication date: 1 February 2004

Abstract

Despite the fact that about 90 percent of all the businesses in the US and Canada are family‐owned and operated, very little research has been undertaken on how strategy is shaped in family businesses. This paper tracks strategy in two family firms since their inception to their present third generation management, to investigate the unique factors influencing strategy in family businesses. The paper accentuates issues relating to the intensive grooming process and the involvement of the different family and non‐family members in the strategic decision making processes of the family business.

Keywords

Citation

Ibrahim, A.B., McGuire, J., Soufani, K. and Poutziouris, P. (2004), "Patterns in strategy formation in a family firm", International Journal of Entrepreneurial Behavior & Research, Vol. 10 No. 1/2, pp. 127-140. https://doi.org/10.1108/13552550410521416

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited