Growth strategy for family-owned businesses. The case of JHV-Engineering s .r .o.

Daria Hvizdalova

Master's thesis

Anotácia:

A family business is a commercial organization in which leadership is influenced by multiple generations of a family. Family-owned businesses are, in the essence, pursuing the same goals and facing the same concerns as any public companies—strategic planning, finance, tax, operational effectiveness, compliance, competition, people management, technological progress, and of course, growth. However, an additional concern is that for a family business, business strategy must also embed the unique needs of the family—including succession and financial planning, long-term stewardship, family relationship management. Healthy growth of family requires finding a balance between growth and sustaining a high level of quality, profitability and caring organizational culture, which is a challenge without careful planning. The goal of this thesis is to identify the barriers for business growth of JHV-Engineering, taking into the account the abovementioned specific concerns of family ownership, and provide practical recommendations.

Abstract:

A family business is a commercial organization in which leadership is influenced by multiple generations of a family. Family-owned businesses are, in the essence, pursuing the same goals and facing the same concerns as any public companies—strategic planning, finance, tax, operational effectiveness, compliance, competition, people management, technological progress, and of course, growth. However, an additional concern is that for a family business, business strategy must also embed the unique needs of the family—including succession and financial planning, long-term stewardship, family relationship management. Healthy growth of family requires finding a balance between growth and sustaining a high level of quality, profitability and caring organizational culture, which is a challenge without careful planning. The goal of this thesis is to identify the barriers for business growth of JHV-Engineering, taking into the account the abovementioned specific concerns of family ownership, and provide practical recommendations.

Kľúčové slová

growth, family business, strategy

Keywords

family business, strategy, growth

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 8. 1. 2017

Obhajoba závěrečné práce

• Obhajoba proběhla 7. 9. 2017
• Vedúci: Jiří Hnilica
• Oponent: Alois Blažek

Vysoká škola ekonomická v Praze

Master programme / odbor:
Ekonomika a management / International Management