Orchestration to improve the performance and sustainability of family companies

Sri Gunawan, Sugiarto Koentjoro

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

The purpose of this study is to identify the efforts made by family businesses to develop knowledge resources in order to improve innovative performance and market adaptability. This study employs a single case study exploratory design, with “indepth interviews” conducted with 9 participants from three companies in one group in Indonesia. The findings revealed a process of developing human and social capital resources to expand the company’s knowledge resources. Other findings identified the critical processes of empowerment and authority coordination. It was used to establish a family business that encourages generational involvement and is capable of supporting the process of increasing knowledge resources. It was used to establish a family business that encourages generational involvement and is capable of supporting the process of increasing knowledge resources. Furthermore, this research can be a foundation for encouraging resource orchestration in family businesses to increase sustainability. It is one of the studies that integrate resource orchestration theory with management knowledge and explains the importance of creating a conducive family business for sustainability due to generational involvement.

Original languageEnglish
Article number2176283
JournalCogent Business and Management
Volume10
Issue number1
DOIs
Publication statusPublished - 2023

Keywords

  • Family company
  • corporate strategy
  • corporate sustainability
  • managing conflict
  • managing knowledge
  • resource orchestration

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