Family Business In The World

Family business in the world

Introduction

Family businesses represent a high proportion of any economy in the world;This account is where its importance of forgiving in the time of them lies. When defining the family business as a company in which one or more people control property and can also control its management we are defining the consequences of a process. 

Therefore, to understand the definition we must analyze the permanent linking dynamics generated at the intersection between the logic proposed by the economic system and the affective system. Family System Characteristics.

Developing

The family is the smallest human social organization, and despite its transformations, it represents the community structure that has remained more stable to this day. It is based on marriage, or in a mutual consent, responds to the care and development needs of the members that compose it. The family is a universal phenomenon, present in all types of society and time.

Families have two fundamental functions: nutritional and socializing. Nutritional functions refer to reproduction, food, education and protection. The family serves and takes care of its members. Nutrice function covers both the production of goods for family survival, as well as the generation of social status. This status will be fundamentally given by the property and professional performance of adult members.

Socializing functions are framed in the transmission of interpretation frames of reality, transmission of the culture tradition.

The family will always be greater that remains, than what changes. What remains will always be qualitatively more important than what disappears, since in all cultures the family is the bridge between generations and is constitutive of the development and learning of the human being.

The different stages of a family are recorded under the concept of generation.  Family businesses: definition and characteristics

Family businesses: definition and characteristics

To answer the question of what a family business is, we will cite the definition:

Property and driving is in the hands of one or more members of the same family group, with the project that the company remains in the hands of the family.

When defining the family business as a company in which one or more people control property and can also control its management we are defining the consequences of a process. Therefore, to understand the definition we must analyze the permanent linking dynamics generated at the intersection between the logic proposed by the economic system and the affective system.

Family System Characteristics

Company System Characteristics

The living of two logic

Family System Characteristics

The family is the smallest human social organization, and despite its transformations, it represents the community structure that has remained more stable to this day. It is based on marriage, or in a mutual consent, responds to the care and development needs of the members that compose it. The family is a universal phenomenon, present in all types of society and time.

Families have two fundamental functions: nutritional and socializing. Nutritional functions refer to reproduction, food, education and protection. The family serves and takes care of its members. Nutrice function covers both the production of goods for family survival, as well as the generation of social status. This status will be fundamentally given by the property and professional performance of adult members.

Socializing functions are framed in the transmission of interpretation frames of reality, transmission of the culture tradition.

The family will always be greater that remains, than what changes. What remains will always be qualitatively more important than what disappears, since in all cultures the family is the bridge between generations and is constitutive of the development and learning of the human being.

The different stages of a family are recorded under the concept of generation.

Family System Characteristics

Company System Characteristics

The company is an economic organization with continuous transformation capacity. The company is expected to be developed and transformed. There are two basic actions when forming a business organization: divide and coordinate. Divide the supply to advance on actions and responsibilities that exceed the capacities of a subject and coordinate, implies the necessary harmony of the system to advance in the achievement of common objectives.

The economic purpose of a company is decisive to define addresses. It is only possible to continue if it is agreed that the company has as the priority sense generate economic surplus. For other purposes there are other organizations.

The family business has, in its entity as a company, the same characteristics as any other company. The difference in family business is its connection with a family, a family group that has a direct influence on the direction and control of it.

The living of two logic

Next you can see the coexistence of both logics in the light of some computers.

People in companies are right to be contributing to the objective of the group, they are considered a means to achieve an end. In the family each person is an end in themselves. People’s belonging to the company is unstable, while in the family, belonging is permanent. In companies, the functions of different people tend to stability. The functions in the family are changing over time, that is, first you are a son, then father.

Predominant relationships in companies are rational. Predominant relationships in the family are emotional. In business systems, the predominant value is competition, being competent. The predominant value in the family is identity.

conclusion

The essential part of information and communication in the company is formalized. While in the family, communication is given by a complex system of link relationships that are formed over time. The coexistence of two logics the family business faces problems, conflicts, stages and crisis that are specific to this type of organization.

Family businesses created to endure and shelter, find their biggest problem addressing their continuity and future. Professionalize driving is the inevitable process for the survival and continuity of the family business. The efficiency in this process determines the option to grow. Ignore condemnation of disappearance.