Keeping it in the family: Narratives link past and present for business continuity

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

The resilience and longevity of family firms can be boosted through narrative accounts of their history. Stories detailing how they navigated past crises provide a platform for addressing present and future challenges through such as family cohesion, allegiance to family values, shared commitment, effective communication and the contributions made by key individuals.

Originality/value

The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2024), "Keeping it in the family: Narratives link past and present for business continuity", Strategic Direction, Vol. 40 No. 8, pp. 26-28. https://doi.org/10.1108/SD-09-2024-0154