Competitive Strategy Based on Flexibility: Implementation in Family Firms

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Author(s): Marta Pérez-Pérez (University of Cantabria, Spain), María Concepción López-Fernández (University of Cantabria, Spain)and Ana María Serrano-Bedia (University of Cantabria, Spain)
Copyright: 2019
Pages: 20
Source title: Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
Source Author(s)/Editor(s): José Manuel Saiz-Álvarez (Tecnológico de Monterrey, Mexico)and Jesús Manuel Palma-Ruiz (Universidad Autónoma de Chihuahua, Mexico)
DOI: 10.4018/978-1-5225-8012-6.ch007

Keywords: Business & Management / Business Science Reference / Entrepreneurship / Small & Medium Enterprises

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Abstract

This chapter is intended to analyze the extent to which businesses in Spain have adopted several flexibility-manufacturing practices. Specifically, this study explores firstly, sample-based differences in the results of comparative family firms versus nonfamily firms concerning practices for implementing manufacturing flexibility. Secondly, heterogeneity in this implementation process within different groups of family firms was explored. The gathered evidence suggests that the main differences with respect to practices for implementing manufacturing flexibility appear when specific characteristics surrounding family firms and related to the role of the CEO and family involvement in the management of the firm are considered.

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Competitive Strategy Based on Flexibility: Implementation in Family Firms

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