Profiting from Family Systems Theory in Family Businesses

Schuhmacher Lea

Master's thesis

Abstract:

As I do not speak Czech, the following summary is in English: This master’s thesis aims to uncover if family businesses can profit from family systems theory and its practices, especially in times of conflict and change. It discovers the conflicts and times of change family businesses face and the methods of systems theory being applied to practice. The qualitative research, in the form of nine interviews with different groups of interest, ranging from consultants to family business owners, gave a diverse perspective on the matter. The research revealed that family businesses can profit from systems theory, but not all methods discussed in theory are being put to practice. Developing a systems thinking mindset is beneficial for family businesses, however, many traditional family businesses lack awareness about systems theory and its underlying effects on the business.

Abstract:

This master’s thesis aims to uncover if family businesses can profit from family systems theory and its practices, especially in times of conflict and change. It discovers the conflicts and times of change family businesses face and the methods of systems theory being applied to practice. The qualitative research, in the form of nine interviews with different groups of interest, ranging from consultants to family business owners, gave a diverse perspective on the matter. The research revealed that family businesses can profit from systems theory, but not all methods discussed in theory are being put to practice. Developing a systems thinking mindset is beneficial for family businesses, however, many traditional family businesses lack awareness about systems theory and its underlying effects on the business.

Keywords

Systems Theory, Family Business, Family Systems Theory, Conflict, Change, Management, Systemic Constellations

Keywords

Change, Family Business, Conflict, Management, Systemic Constellations, Systems Theory, Family Systems Theory

Language used: English

Date on which the thesis was submitted / produced: 10. 5. 2023

Thesis defence

• Date of defence: 8. 6. 2023
• Supervisor: Martin Jurek
• Reader: Ondřej Machek

Vysoká škola ekonomická v Praze

Master programme:
International Management