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https://doi.org/10.51680/ev.34.1.8

Conflict management strategies in family business: A case study of Bosnia and Herzegovina

Tanja Gavrić orcid id orcid.org/0000-0002-9944-6592 ; Sveučilište/Univerzitet Vitez, Fakultet poslovne ekonomije, Travnik, Bosna i Hercegovina


Puni tekst: engleski pdf 448 Kb

str. 101-114

preuzimanja: 508

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Sažetak

Purpose: The aim of this paper is to determine, theoretically and empirically, which strategies are most commonly used to manage conflict situations and to what extent conflict management strategies have an effect on knowledge transfer between owners and successors in family businesses in Bosnia and Herzegovina. This research empirically establishes a link between conflict management strategies and knowledge transfer.
Methodology: In addition to theoretical conceptualization, the paper presents quantitative empirical research confirming the validity of the proposed hypothesis.
Results: The results of the research show that owners who tend to use the integrating, obliging and compromising conflict management strategies, attach more importance to succession planning and transfer of knowledge and experience to successors. In contrast, dominant leaders are less willing to plan for succession, as they would prefer to retain all the crucial information and decision-making authority and are therefore reluctant to share their knowledge and power.
Conclusion: Relevant conflict management strategies can be implemented to help maintain family relationships and ensure business continuity. Learning effective conflict management techniques is important for anyone involved in a family business. Thus, managing conflict is important for the success and longevity of family businesses.

Ključne riječi

family businesses; conflict management strategies; knowledge transfer; succession

Hrčak ID:

259855

URI

https://hrcak.srce.hr/259855

Datum izdavanja:

16.6.2021.

Posjeta: 1.331 *